1 1 A clothing store buys gloves for $60.00 less 24% for buying over 50 pairs,...
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1 1 A clothing store buys gloves for $60.00 less 24% for buying over 50 pairs, and less a further 29% for buying last season's style. The gloves are then marked up to cover overhead expenses of 30% of cost and a profit of 36% of cost. 2 (a) What is the regular selling price of the gloves? (b) What is the maximum amount of markdown to break even? (c) What is the rate of markdown if the gloves are sold at the break-even price? (a) The selling price is $ . (Round the final answer to the nearest cent as needed. Round all intermediate values to six decimal places as needed.) 1 1 A clothing store buys gloves for $60.00 less 24% for buying over 50 pairs, and less a further 29% for buying last season's style. The gloves are then marked up to cover overhead expenses of 30% of cost and a profit of 36% of cost. 2 (a) What is the regular selling price of the gloves? (b) What is the maximum amount of markdown to break even? (c) What is the rate of markdown if the gloves are sold at the break-even price? (a) The selling price is $ . (Round the final answer to the nearest cent as needed. Round all intermediate values to six decimal places as needed.)
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