What is the correct answer for B Round to the nearest cent and what is the process. A clothing merchant purchases a shipment of clothes for $38,000.00 with discounts of 9% and 5%. He sells it to a customer at a price which includes 20% profit on cost and overhead expenses of 23% on cost. a. How much did it cost him to purchase the container of clothes? $32851 b. What was the selling price of the container of clothes?____ c. Calculate the break-even selling price. $40406.73