Question: An answering machine cost a dealer $ 2 2 0 less 3 1 . 5 % , 7 % . It is regularly priced at

An answering machine cost a dealer $ 220 less 31.5%,7%. It is regularly priced at $ 212. The dealer's overhead is 17% of the regular selling price and the answering machine was cleared out for $ 175.45.What is the regular markup based on selling price? What was the percentage rate of markdown at which the answering machine was sold?

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