Decides to attempt some creative merhcandising

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Reference no: EM132091221

A men's accessories buyer purchases 10,000 neckties from a manufacturer at the low cost of $16 per tie. Noticing that the ties are of two types, 6,200 solids and 3,800 stripes, the buyer decides to attempt some creative merhcandising. If each solid tie is retailed at $45, what minimum retail price should be placed on each striped tie if the average markup of 68% is desired?

Reference no: EM132091221

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