A sleepwear buyer has an opening stock figure of $ 1 7 0 , 0 0 0

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Question:

A sleepwear buyer has an opening stock figure of $

170, 000

at retail, which carries a

61 %

markup. On March

31,

new purchases since the start of the period were $

990, 000

at retail, carrying a

63 %

markup.

Find the cumulative markup percentage on merchandise handled in this department to date.

Posted Date: May 07, 2024 04:03 AM

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A sleepwear buyer has an opening stock figure of $ 1 7 0 , 0 0 0

Question:

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To find the cumulative markup percentage we need to calculate the total marku... View the full answer

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