Golfers Delight was to hold a summer spectacular event during which a celebrity golfer...

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Accounting

Golfers Delight was to hold a summer spectacular event during
which a celebrity golfer would be autographing golf bags for
anyone
purchasing the Pro Spirit line of clubs. To prepare for the event,
the buyer purchased 15 additional sets of clubs to be priced at
$400.
There were already 10 sets of the clubs in stock but they were
repriced from $350 to $400 for consistency. The event was
very
successful and all of the clubs sold. What was the additional
markup percent earned on the clubs already in inventory? What was
the
total net sales on all clubs during the event?

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