A clothing store sells a shirt costing $20 for $33 and a jacket costing $60 for $93.
Question:
(A) If the markup policy of the store is assumed to be linear, write an equation that expresses retail price R in terms of cost C (wholesale price).
(B) What does a store pay for a suit that retails for $240?
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Let R and C be retail price and cost respectively Then two poi...View the full answer
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Related Book For 
College Mathematics for Business Economics Life Sciences and Social Sciences
ISBN: 978-0321614001
12th edition
Authors: Raymond A. Barnett, Michael R. Ziegler, Karl E. Byleen
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