For this fall season, Mrs. Rose, the hosiery buyer, planned…

For this fall season, Mrs. Rose, the hosiery buyer, planned to carry total merchandise worth $15,000, at retail, with a cumulative markup goal of 43%.  The buyer began the season with merchandise amounting to $5,000 at cost, with a markup of 45%.  Based upon this information, answer Q32-Q34.   (You may want to use the following grid to reach the answer)                                   If Mrs. Rose wants to meet her cumulative markup goal of 43% for total merchandise, what should be the $cumulative cost of the total merchandise?

A retailer purchased 100 pairs of pants from a new vendor. …

A retailer purchased 100 pairs of pants from a new vendor.  The original retail price for these pants was set at $14.00 each, and 70 pairs were sold at this price.  Then, the first markdown to $10.00 per pair resulted in the sale of another 25 pairs.  Finally, the remaining 5 pairs were once again marked down to $8.00 and all sold at the second markdown price.  Please answer Q39 – Q40.   What was the markdown% for the first markdown?