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Monthly departmental sales were $98,765

Business

Monthly departmental sales were $98,765. Permanent markdowns were taken on the following items in the amounts listed. Calculate the markdown dollars and markdown percentage for each item separately.

Stock # Original Retail Sale Price # in Inventory

1234          $30.00           $25.00         83

1235          $40.00           $35.00         35

1236          $60.00           $50.00         17 

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