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The net sales for a shoe department were $560,000. Calculate the maintained markup percent if the department has the following figures: Net purchases $250,000 Opening

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The net sales for a shoe department were $560,000. Calculate the maintained markup percent if the department has the following figures: Net purchases $250,000 Opening inventory $150,000 Closing inventory $180,000 Cash discounts $7, 500 Alteration costs $4, 100 Freight inward $4,000

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