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A buyer for the exclusive Britique Shop purchased 100 cashmere pullover sweaters at $31 each...

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Accounting

A buyer for the exclusive Britique Shop purchased 100 cashmere pullover sweaters at $31 each and priced them at $90 retail. Also planned is a purchase of 72 chunky knit wool sweaters to retail at $120 each. Departmental goal markup is 67.5%. How much can be paid for each chunky knit wool sweater?

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