Achieve the desired markup percentage

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Reference no: EM131962604

A buyer plans to purchase jackets at a 58% markup with a retail value of $18,500. If the buyer acquires 100 jackets at $54.75 each and retails them at $125 each, what markup percentage must now be obtained on the balance of the purchases in order to achieve the desired markup percentage?

Reference no: EM131962604

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