Most he should pay for each of the remaining sweaters

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Reference no: EM131708207

The owner of Joe’s Sporting Goods Store plans to purchase 70 sweaters to retail for $30 each. The average markup must be 52.5%. He has placed an order for 40 sweaters costing $12 each. What is the most he should pay for each of the remaining sweaters if he is to achieve the department’s markup goal?

Reference no: EM131708207

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