What is loblaw margin on the geraniums

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Problem 1: Loblaws also allows other garden centres to sell its President's Choice geraniums, which they in turn sell to consumers for $7.99. If the other garden centres add a 15% markup to the cost of the geraniums from Loblaws, what is Loblaw's margin on these geraniums to the nearest percent?

Reference no: EM132734838

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