Question: A Final answer needs to be submitted to the online test question response field. Use the logbook function to show your approach, work, any equations

 A Final answer needs to be submitted to the online test

A Final answer needs to be submitted to the online test question response field. Use the logbook function to show your approach, work, any equations and the value of variables used to calculate your final answer. Karina owns a boutique where she sells designer dresses. She purchases the dresses for $335 each and has a rate of markup of 27.00% on selling price. At the end of every season, she has a sale and marks down the dresses to sell them at the break-even price. If the overhead expenses are 12.00% of the regular selling price, calculate the rate of markdown on these dresses. E% Round to two decimal places

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