Real-World Applicationsmedium
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A clothing retailer buys shirts at wholesale price. The retailer applies a 60% markup on cost to set the retail price. During a sale, the retailer offers a 25% discount off the retail price. If a customer pays \54$ for a shirt after the discount, what was the original wholesale cost?
A clothing retailer buys shirts at wholesale price. The retailer applies a 60% markup on cost to set the retail price. During a sale, the retailer offers a 25% discount off the retail price. If a customer pays \54$ for a shirt after the discount, what was the original wholesale cost?