document.write( "Question 992255: The Knit Shoppe bought 250 sweaters for $3100; 50 sweaters were sold at a markup of 150% of cost and 120 sweaters at a markup of 75% of cost; 60 of the sweaters were sold during a clearance sale for $15 each; and the remaining sweaters were disposed of at 20% below cost. Assume all sweaters had the same cost.
\n" ); document.write( "a) What was the amount of markup realized on the purchase?
\n" ); document.write( "b) What was the percent markup realized based on cost?
\n" ); document.write( "c) What was the gross profit realized based on selling price?
\n" ); document.write( "Answers:
\n" ); document.write( "a) $2152.40
\n" ); document.write( "b) 69.43%
\n" ); document.write( "c) 40.98%
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Algebra.Com's Answer #611910 by solver91311(24713)\"\" \"About 
You can put this solution on YOUR website!
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\n" ); document.write( "\n" ); document.write( "This is an accounting question. You are on the wrong website to get help with this type of work.\r
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\n" ); document.write( "\n" ); document.write( "John
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\n" ); document.write( "My calculator said it, I believe it, that settles it\r
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