2 points QUESTION 1 APPLICATIONS (CALCULATED PERCENTAGES WILL VARY BY CALCULATOR DUE TO ROUNDING ERRORS CHOOSE THE CLOSEST PERCENTAGE ANSWER FOR YOUR RESPONSE.) RETAIL SCENARIO A: Burgess, a clothing store, bought 100 sweaters for the sales season and sold 80% of them at full retail price, $50 per unit. As the season drew to a close, management marked down the remaining sweaters $20 each and sold them for $30 each. 1. (2 Pts) Given this, calculate the Markdown percentage (%) taken on Net Sales, that is, the Markdown % taken on the total 100 sweaters sold? 8.69% 66.70% 40.00% 133.30% 10.00% QUESTION 2 2 3 4 5 6 80 90 100 11 QUESTION 2 However, for its promotional value with end-of-season bargain hunter, Burgess management calculates Mkd% Off Original Retail Price based on the Mkd$ Dollars per unit. 2. (2 Pts) Given this, what is the Mkd% advertised for those sweaters sold at $30 per unit? 8.69% 66.70% 133.30% 10.00% 40.00% QUESTION 3 2 poi