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. Shirts were purchased for $14.50 each and were marked up by $18.75. During Christmas, they were discounted by $6.85 per shirt. a. What is the rate of markdown? % Round to two decimal places b. What is the reduced selling price per shirt? Round to the nearest cent