Determine the initial markup percent which will be required to achieve a 5.2% profit. Markdowns Employee discounts Expenses Shortages Cash discounts Alteration costs 4.0% 0.9 45.0 1.2 1.1 0.9 Determine the initial markup percent which will be required to achieve a 5.2% profit. Markdowns Employee discounts Expenses Shortages Cash discounts Alteration costs 4.0% 0.9 45.0 1.2 1.1 0.9