Question: ch 8 24. Solve the following word problem. Round dollars to the nearest cent. You are the buyer for The Shoe Outlet. You are looking

ch 8

24. Solve the following word problem. Round dollars to the nearest cent.

You are the buyer for The Shoe Outlet. You are looking for a line of men's shoes to retail for $61.66. If your objective is a 71% markup based on selling price, what is the most that you can pay for the shoes to still get the desired markup?

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