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HELP ASAP! The Canoe Superstore caters to the canoeing enthusiasts. It has estimated net sales of $575,000. The maintained markup used by the store is
HELP ASAP!
The Canoe Superstore caters to the canoeing enthusiasts. It has estimated net sales of $575,000. The maintained markup used by the store is 56 percent of net sales. Reductions are estimated to be 9 percent of net sales. Calculate the store's initial markup.
A) 56 percent
B) 65 percent
C) 47 percent
D) 50.96 percent
E) 59.63 percent
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