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The dress buyer is permanently marking down Fall velvet dresses. The buyer purchased 1,000 dresses and only 100 sold at the regular price of $150.00.
The dress buyer is permanently marking down Fall velvet dresses. The buyer purchased 1,000 dresses and only 100 sold at the regular price of $150.00. The first permanent markdown was to $129.99 and 200 sold. The second permanent markdown was taken to $99.99 and 500 sold. Calculate the total markdown percentage (Show two decimal places).
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