A wholesaler listed a printer for $150 with trade discounts of 15% and 10%. Junaid purchased this printer and showcased it for sale in his computer store. The overhead expenses are 30% on cost and the desired profit is 25% on cost. To clear the item, he offered a markdown of 20%.

a. b. C. Calculate the regular selling price of the printer. Calculate Junaid's profit or loss at the clearance price. What was the maximum markdown rate he can offer to sell at the break-even price?

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