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1. What is the mark up percentage on an item that costs$183 a dozen and retails for $30.00 each

2. Determine the cost of a jacket that retails for $249 and has a 49% markup

3. A buyer purchased a group of ties at $90 a dozen. What should be the retail price of each tie in order to achieve a 48% markup?

4. What is the markup percentage for braided belts that cost $78.00 a dozen and retail for $12.00 each?

5. A menswear buyer needs 84 shirts to retail at $18.00 each and 52 pairs of slacks to retail at $35 each. He needs to average a 47.5% markup. If he pays $9.50 for each shirt, how much can he pay for each pair of slacks in order to achieve his planned markup percentage?

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M91804802

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