Business-mark-up policy

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Business-Mark-up policy. A clothing store sells a shirt costing $20 for $33 and a jacket costing $60 for $93.

If the markup policy of the store is assumed to be linear, write an equation that expresses retail price R in terms of cost C (wholesale price).

What does a store pay for a suit that retails for $240?

Reference no: EM13807967

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