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5. Below are last year's figures for a music store: $ Sales Feb/Aug Mar/Sep Apr/Oct May/Nov June/Dec July/Jan Total Last Year $ 40,000.00 37,000.00 41,000.00

5. Below are last year's figures for a music store: $ Sales Feb/Aug Mar/Sep Apr/Oct May/Nov June/Dec July/Jan Total Last Year $ 40,000.00 37,000.00 41,000.00 46,000.00 53,000.00 47,000.00 264,000.00 Planned $ 46,000.00 39,000.00 44,000.00 48,000.00 59,000.00 50,000.00 286,000.00 Markdowns Last Year $ 4,300.00 3,800.00 4,200.00 5,100.00 4,900.00 5,790.00 28,090.00 %of LY RT Sales 1.63 1.44 1.59 1.93 1.86 2.19 Planned 4,290.00 4,004.00 4,576.00 % Planned sales 1.50 1.40 1.60 1.90 2.20 Total $Sales from last year = $264,000.00 Total Planned $Sales = $286,000.00 Total Markdowns from last year = $28,090.00 What was the net markdown percentage for last year

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