RETAIL SALES A bookstore can obtain a certain gift book from the publisher at a cost of $3 per book. The bookstore has been offering the book at a price of $15 per copy and, at this price, has been selling 200 copies a month. The bookstore is planning to lower its price to stimulate sales and estimates that for each $1 reduction in the price, 20 more books will be sold each month. At what price should the bookstore sell the book to generate the greatest possible profit?
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