A clothing store buys

shorts

for

$57.00

less

29%

for buying over 50 pairs, and less a further

3313%

for buying last season's style. The

shorts

are then marked up to cover overhead expenses of

16%

of cost and a profit of

2813%

of cost.

(a) What is the regular selling price of the

shorts?

(b) What is the maximum amount of markdown to break even?

(c) What is the rate of markdown if the

shorts

are sold at the break-even price?

1

(a) The selling price is

$

.

(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.)

(c) The rate of markdown to break even is

e

%.

(Round the final answer to two decimal places as needed. Round all intermediate values to six decimal places as needed.)