A home furnishings retailer has additional markups totaling $950 on a line of table lamps. Net sales

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A home furnishings retailer has additional markups totaling $950 on a line of table lamps. Net sales of the lamps equal $8,000. Compute the additional markup percentage.

a. 7.5%
b. 8.1%
c. 11.9%
d. 16.1%

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Retail Management A Strategic Approach

ISBN: 9780133796841

13th Edition

Authors: Barry Berman, Joel Evans, Patrali Chatterjee

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Question Posted: Jul 26, 2023 08:29 AM

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A home furnishings retailer has additional markups totaling $950 on a line of table lamps. Net sales

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Retail Management A Strategic Approach

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