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Please show work and formulas used Maintained Markup Practice Problems 16/ A men's shop with an initial markup of 53% had markdowns of 12%, employee

Please show work and formulas used

Maintained Markup Practice Problems 16/ A men's shop with an initial markup of 53% had markdowns of 12%, employee discounts of 2.5%, and shortages of 1.5%. What was the main- tained markup percentage

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