What price does the manufacturer sell the product

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Reference no: EM131289990

A consumer purchases a flat iron to straighten her hair for $150 from a salon at which she gets her hair cut.

If the salon's markup is 40 percent and the wholesaler's markup is 15 percent, both based on their selling prices, for what price does the manufacturer sell the product to the wholesaler?

Reference no: EM131289990

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