What price should Jo choose

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Question - Jo sets prices for her branch of VTS Superdrugist. The VTS business model requires that all products are sold at a 47% target margin. Today she is setting the price for the jumbo bottle of Grizzly Aspirin which VTS buys at a cost of $8.77 per bottle. Based on the pricing policy, what price ($) should Jo choose? What's the currency?

Reference no: EM133081589

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