An automatic dishwasher cost a dealer $620 less 37 12% and 4%. It is regularly priced at

Question:

An automatic dishwasher cost a $620 less 37 1⁄2% and 4%. It is regularly priced at $558. The dealer’s overhead expense is 15% of the regular selling price and the dishwasher was cleared out for $432.45.
(a) What was the rate of markdown at which the dishwasher was sold?
(b) What is the regular markup based on selling price?
(c) What was the operating profit or loss?
(d) What rate of markup based on cost was realized?
Dealer
A dealer in the securities market is an individual or firm who stands ready and willing to buy a security for its own account (at its bid price) or sell from its own account (at its ask price). A dealer seeks to profit from the spread between the...