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A snow blower retails for $ 4 8 9 . The dealer's overhead is 2 0 % of cost , and normal operating profit is

A snow blower retails for $489. The dealer's overhead is 20% of cost, and normal operating profit is 16(2)/(3)% of cost.
What is the largest amount of markdown that will allow the dealer to break even?
What rate of markdown will price the snow blower at cost?A snow blower retails for $489. The dealer's overhead is 20% of cost, and normal operating profit is 1623% of cost.
What is the largest amount of markdown that will allow the dealer to break even?
What rate of markdown will price the snow blower at cost?
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