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Items sold in retail stores are often marked up by a percentage that can vary widely depending on the type of product and industry, but a common markup range is between 30% to 50%. For some categories, like clothing or electronics, markups can be higher, sometimes reaching up to 100% or more. Retailers consider factors such as demand, competition, and operating costs when determining markup percentages. Ultimately, the markup aims to cover expenses while generating a profit.

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2mo ago

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