Calculate the maintained markup percentage for a department
Calculate the maintained markup percentage for a department under the following conditions:
Net Sales: $75,000
Opening Inventory: $37,000
Closing Inventory: $38,000
Net Purchases: $46,000
Freight Inward: $1,400
Cash Discounts: $2,400
Now Priced at $15 (50% Discount)
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calculate the maintained markup percentage for a department under the following conditionsnet sales 75000opening
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