Question: A clothing store buys shortsshorts for $ 5 5 . 0 0 5 5 . 0 0 less 4 0 4 0 % for buying

A clothing store buys shortsshorts for $55.0055.00 less 4040% for buying over 50 pairs, and less a further 28 and two thirds2823% for buying last season's style. The shortsshorts are then marked up to cover overhead expenses of 3838% of cost and a profit of 26 and two thirds %2623% of cost.(a) What is the regular selling price of the shortsshorts?(b) What is the maximum amount of markdown to break even? (c) What is the rate of markdown if the shortsshorts are sold at the break-even price?

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