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A retailer purchases items at $50 per unit. The items are marked up by 40%, then after some customers return items, the retailer offers a loyalty discount of 20% off the marked-up price. What is the final selling price, and what is the profit per unit (accounting for the discounted price)?
A retailer purchases items at $50 per unit. The items are marked up by 40%, then after some customers return items, the retailer offers a loyalty discount of 20% off the marked-up price. What is the final selling price, and what is the profit per unit (accounting for the discounted price)?