Question: A lawn mower retails for $ 3 4 9 . The dealer's overhead is 2 5 % of cost , and normal operating profit is

A lawn mower retails for $349. The dealer's overhead is 25% of cost, and
normal operating profit is (1623 of cost.
a. What is the largest amount of markdown that will allow the dealer to
break even? (Do not round the intermediate calculations/steps. Round
your answer to two decimal places.)
Amount $
b. What rate of markdown will price the lawn mower at cost?(Do not
round the intermediate calculations/steps. Round your answer to one
decimal place.)
Rate
 A lawn mower retails for $349. The dealer's overhead is 25%

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