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    Exam 4: Mathematics of Merchandising
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    A Sweater Sells for $130
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A Sweater Sells for $130

Question 79

Question 79

Short Answer

A sweater sells for $130.50. Overhead expenses are 25% of cost and operating profit is 20% of cost. What rate of markdown will price the sweater at the break-even price?

Correct Answer:

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