Question: Fill in the blank. This problem is based on a sample problem from a professional accounting exam A certain retailer increases wholesale prices by 3496

Fill in the blank.

Fill in the blank. This problem is based on a sample problem

This problem is based on a sample problem from a professional accounting exam A certain retailer increases wholesale prices by 3496 If this retailer offers a 2096 discount off the ticket price, what percent profer will the retailer realize? The realized profit is the amount of money remaining after paying off the wholesale prices In this case, it should be expressed as a percent of the wholesale price The following questions are to help you better understand the final solution. Let's assume the wholesale price for our item is $500 (1) What is the ticket price (the price including the mark-up)? (2) How much will you save (what is the discount removed from the ticket price)? (3) How much do you have to pay for the ucm? (!) How much profil does the retailer make (in 5)? (5) What is the percent profit Nor Enter as a percein pot of a ceriaicl tone

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