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MathematicsMathematics
5 July, 06:31

Using the formula from part a, calculate the retail price for each quantity range.

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  1. 5 July, 10:15
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    You calculated that it cost you $50 to manufacture the bike, and if you decide to sell it for a wholesale price of $60 to the retailer, you'll make a $10 profit per bike. Your profit margin percentage is the total profit divided by the total revenue.
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