What is the cost percentage for a sweater that retails for $51.95 and has a 35.0% markup? A manufacturer quotes a cost of $46 per dozen for belts; the markup that the buyer wants is 49.9%. At what retail price should the item be market to obtain the desired markup? Net sales were $168,000; customer returns totaled $6,700. Calculate customer return percentage. A merchant buys a sweatshirt for $16.00 and has a dollar markup of $18.00. What is the retail price? What is the markup percentage on a jacket that costs $36.75 and retails for $140.00