1. A buyer needs to average a 44% markup she purchased 25 belts that cost $17.00 each and 32 pair of shoes that cost $28 each. If she retails the belts for $32 each, what must be average retail for each pair of shoes in order to achieve the planned markup percent?
2. A buyer received 48 skirts retailing for $55 each for a special sale. the 48 skirts were reduced to $40. During the sale, 28 skirts were sold. After the sale was over, the remaining 20 skirts were returned to their original price. All of these skirts were sold for $55. Find the markdown cancellation, net markdown, and net markdown percent.