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A retailer buys a set of plates for Rm500 . operating expenses incurred during the sale of these plates are 10% of cost price .

A retailer buys a set of plates for Rm500 . operating expenses incurred during the sale of these plates are 10% of cost price . if the retailer makes a 25% net profit based on the cost , find :
1. the breakeven price
2. the maximum markdown that could be offered to customers so that there is no profit or loss .

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