A buyer is interested in a group of tweed jackets costing $35 each. If the required markup is 53.6%, what would be the minimum retail price for each jacket? If the buyer had previously bought these jackets at $39.75 and retailed them for $79.50, what was this previous markup percentage?

Answer rating: 100% (QA)

To determine the minimum retail price for each jacket we need to add the desired ... View the full answer