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Determine the initial markup percent for an accessories department with these figures (round to two decimal places): Expenses 40.00% Employee Discounts 3.10% Markdowns 5.80% Shortages

Determine the initial markup percent for an accessories department with these figures (round to two decimal places):

Expenses 40.00%
Employee Discounts 3.10%
Markdowns 5.80%
Shortages 1.05%
Alterations 30.00%
Cash Discounts 34.00%
Profit 6.50%

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