Question: A consumer buys a product from a retailer for $ 5 . 0 0 . The retailer buys the product from the wholesaler for $

A consumer buys a product from a retailer for $5.00. The retailer buys the product from the wholesaler for $3.00. If the wholesaler raises their price by $1.00, what should the retailer charge to maintain their percentage margin?
Question 7 options:
$7.00.
$6.40.
$4.40.
$6.00.
$6.67.

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