Hi. i could use some help with this financial math equation. Thank-you :) A clothing store buys
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Hi. i could use some help with this financial math equation. Thank-you :)
A clothing store buys for $37 less 27% for buying over 50 pairs and less a further 19 3/4%for buyinglast season's style.The gloves are then marked up to cover overhead expenses of 45% of cost and a profit of 44 3/4% of cost.
(A.) What is the regular selling price of the gloves
(B.)What is the maximum amount of markdown to break-even?
(C.)What is the rate of markdown if the gloves are sold at thebreak-even price?
*** Round each final answer to two decimal places as needed. Round all intermediate values to six places as needed.
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