Why is the mark up percentage different to the sale percentage?
If an item was wholesale $100.00 and you marked it up by 35%, it would sell in your store for $135.00. Your commission is $35.00, hence 29% of the sale price.
If an item was wholesale $100.00 and you marked it up by 35%, it would sell in your store for $135.00. Your commission is $35.00, hence 29% of the sale price.
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