What is the cumulative markup percentage for the buy

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Problem 1: The shoe buyer is buying different styles of thong sandals that will retail for $49.00. The styles the buyer is going to purchase are 1,200 units of metallic colored sandals that have a cost price of $21.50 each and 3,000 units of printed thong sandals that have a cost price of $18.00 each. What is the cumulative markup percentage for this buy?

Reference no: EM132630667

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