Question: Determine what initial markup percent will be required to achieve a 4.25 % profit Expense 42% Markdowns 2.8% Shortages 1.0% Employee discounts 0.5% Cash discounts

Determine what initial markup percent will be required to achieve a 4.25 % profit

Expense 42% Markdowns 2.8% Shortages 1.0% Employee discounts 0.5% Cash discounts 0.3% Alteration costs 0.2%

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