Let's assume that the retailer buys the T-shirt from a wholesaler and sells it for $40.00....

Let's assume that the retailer buys the T-shirt from a wholesaler and sells it for $40.00. If the retailer wishes to make a 20% margin on price, what the maximum cost the retailer is prepared to pay?

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Expert Solution

The maximum cost the retailer is prepared to pay is 33.3333$

orchestra answered 1 year ago

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