What markup in dollars and percentage mustbk obtained on, Financial Management

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What markup in dollars and percentage mustbk obtained on

The buyer ofdecorative pillows needs a markup of 50% and plans to pur chase $5,000 worth of goods (retail value) during the month of November At the middle of the month, the total of the invoices for the purchasesto date (at both cost and retail) for the month to date amount to $2,000at cost and $3,700 at retail. What markup in dollars and percentage mustbk obtained on the balance of the purchases?

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