The $70.00 worth of goods (retail) would not have cost the store owner $70.00. (wholesale)
Therefore $70.00 less profit margin X1 = X2
Therefore the loss to the storekeeper = $100.00 + X2
Happy now?...Marum.
The $70.00 worth of goods (retail) would not have cost the store owner $70.00. (wholesale)
Therefore $70.00 less profit margin X1 = X2
Therefore the loss to the storekeeper = $100.00 + X2
Happy now?...Marum.
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