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1. A specialty store had the following planned figures. What is the initial markup? (Answer is a percentage, but don't include the % symbol when

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1. A specialty store had the following planned figures. What is the initial markup? (Answer is a percentage, but don't include the % symbol when entering your answer, only include the number) Net sales $124 000 Profit 4 000 Expenses 60 000 Reductions 7000 Alteration costs 500 Cash discounts 250

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