Calculate the total markdown in dollars for the promotion

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The Men's tie buyer planned a Father's Day promotion on ties. The POS price point promotion was $24.99. Here is what sold during the promotion:

40 ties with an original retail of $35.00

50 ties with an original retail of $40.00

Calculate the following:

a. Total markdown in dollars for the promotion.

b. Total sales dollars generated for the promotion.

c. Total markdown percent for the tie promotion.

Reference no: EM131866240

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