Alicia plans to spend $125,000 (retail value) in May to fill the inventory for the swimsuit department of her retail store. She has already spent $33,000 at cost. If the planned markup she needs to achieve is 38%, how much in dollars does she have to spend at cost?
Scenario 3
If a three-piece set of rhinestone costume jewelry pieces sells for $22, and it costs the retailer $84 per dozen, how much is the markup percent at retail for each set of jewelry?
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