A pet food store receives discounts from a supplier of 9% and 14% on a doggie treat which has a list price of $111.62. The store then marks the treat up 14% of cost for overhead and 17% of selling price for operating profit. Later, the store has a weekend special where they sell the treat at "11% above cost". What was their rate of markdown on the treat? Give your answer as a percent rounded to 2 decimal places. Answer: Check