What price should they put on the coats at the beginning

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Reference no: EM133633062

Question: Chic Lady has purchased a shipment of 250 winter coats for $75 per coat. They use 70% markup based on the selling price. They know from experience that 20% of the coats will sell at the end of the season at a 40% discount. What price should they put on the coats at the beginning of the season?

Reference no: EM133633062

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