United Furniture buys reclining rocking chairs at $550 less 40% and 10%. The price is marked up

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United Furniture buys reclining rocking chairs at $550 less 40% and 10%. The price is marked up to allow for overhead of 50% of cost and profit of 35% of cost. The unit on display in the store acquired a stain. What rate of markdown from the regular price can the store offer on the display unit if it is to recover only half of the unit overhead costs?
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