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What would be the initial markup percent in a department having these planned figures? Net Sales $55,000 Markdowns $3,000 Shortages $700 Employee discounts $400 Expenses

What would be the initial markup percent in a department having these planned figures? Net Sales $55,000 Markdowns $3,000 Shortages $700 Employee discounts $400 Expenses $15,000 Profit $9,000

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