In this scenario, the buying price decreases with a higher purchase quantity. However, the markup for the retail price remains steady at 80% of the buying cost. If we denote the price as x, then the retail price can be expressed as:
Retail price= x * (100%+80%)
Retail price= x * 180%=
Retail price= 1.8 x
The equation remains consistent across different ranges since the markup ratio is constant. Only the buying price varies depending on how many pairs of shoes are bought.