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Determining the realistic retail price

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Realistic Stereo Shops marks up its merchandise 35 percent above the cost of its latest additions to stock. Until 4 months ago, the Dynamic 400-S VHS recorder had been $300. During the last 4 months Realistic has received 4 monthly shipments of this recorder at these unit costs: $275, $250, $240, and $225. At what average rate per month has Realistic's retail price for this unit been decreasing during these 4 months.

Reference no: EM132914773

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