When doing next season's merchandise budget, the buyer's planned purchases at retail are $125,000 with a markup percentage of 40% at retail. What is the buyer's planned initial markup?

When doing next season's merchandise budget, the buyer's planned purchases at retail are $125,000 with a markup percentage of 40% at retail. What is the buyer's planned initial markup?

When doing next season's merchandise budget, the buyer's planned purchases at retail are $125,000 with a markup percentage of 40% at retail. What is the buyer's planned initial markup?


a. $50,000

b. $75,000

c. $60,000

d. $96,000

e. $84,000


Answer: A


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