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Extra Credit Opportunity - Markup Pricing ( 3 points ) Scenario: A retailer buys a bag for $ 6 0 at wholesale. The cost of

Extra Credit Opportunity - Markup Pricing (3 points) Scenario: A retailer buys a bag for $60 at wholesale. The cost of the bag is 55% of the original retail price. 1. What is the markup%?2. What is markup$?3. What is the original retail price?

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