What price must the cotton tees retail at to reach the goal

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Question - The buyer for boys' apparel purchases 100 dozen pairs of socks at $36/dozen and 75 dozen cotton tees at $54/doz. The departmental markup is planned at 48%. If the socks are retailed at $6 each, what price must the cotton tees retail at to reach the markup goal?

Reference no: EM132919801

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