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Calculate the net markdown percent

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Question - The buyer for accessories received 150 silk ties priced a $20 each. After 30 had been sold, the remaining 120 ties were reduced to $12 for a two-day sale. Of this group 40 ties were sold. After the sale the buyer marked the remaining ties to $15, and all of these ties sold for $15. Calculate the net markdown percent.

Reference no: EM132772756

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