A men's clothing store marks up suits by 60% of cost. This provides an operating profit of 10% of the selling price. If a suit's cost to the store is $172:

a.Determine its selling price.(Round your answer to 2 decimal places.)

Selling price$

b.Determine the rate of markup on selling price.(Round your answer to 2 decimal places.)

Markup on selling price%

c.Determine the operating profit.(Round your answer to 2 decimal places.)

Operating profit$