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1 A clothing store buys sweaters for $32.00 less 52% for buying over 50 pairs, and less a further 30% for buying last season's
1 A clothing store buys sweaters for $32.00 less 52% for buying over 50 pairs, and less a further 30% for buying last season's style. The sweaters are then marked up to cover overhead expenses of 1 20% of cost and a profit of 41% of cost. '2' (a) What is the regular selling price of the sweaters? (b) What is the maximum amount of markdown to break even? (c) What is the rate of markdown if the sweaters are sold at the break-even price? 2
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