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Elizabeth purchased dress shirts to sell in his clothing store that has overhead expenses equal to 11.00% of costs. To make a profit of 12.00%

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Elizabeth purchased dress shirts to sell in his clothing store that has overhead expenses equal to 11.00% of costs. To make a profit of 12.00% of the cost, he sells them at a regular price of $60.00 each. a. What rate of markdown is required to sell the shirts at break-even? % Round to two decimal places b. What rate of markdown is required to sell the shirts at cost? % Round to two decimal places Elizabeth purchased dress shirts to sell in his clothing store that has overhead expenses equal to 11.00% of costs. To make a profit of 12.00% of the cost, he sells them at a regular price of $60.00 each. a. What rate of markdown is required to sell the shirts at break-even? % Round to two decimal places b. What rate of markdown is required to sell the shirts at cost? % Round to two decimal places

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