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1 A clothing store buys sweaters for $48.00 less 47% for buying over 50 pairs, and less a further 11-% for buying last season's
1 A clothing store buys sweaters for $48.00 less 47% for buying over 50 pairs, and less a further 11-% for buying last season's style. The sweaters are then marked up to cover overhead expenses of 1 40% of cost and a profit of 29-% of cost. 4 (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? 4 (a) The selling price is $ 38.20. (Round the final answer to the nearest cent as needed. Round all intermediate values to six decimal places as needed.) (b) The amount of the markdown to break even is $ (Round the final answer to the nearest cent as needed. Round all intermediate values to six decimal places as needed.)
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Answer a Regular Selling Price Discounted Cost after Buying over 50 pairs Discount 47 Cost 4800 Disc...Get Instant Access to Expert-Tailored Solutions
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