Gross $Markdown ($GMD)

1)If 14 pants are reduced from a retail price of $23.50 each to a markdown retail price of $17.50 each, then what is $GMD on the pants?

2)The following are price changes in the MiMi Department Store:

ITEM

Q'ty

Original Retail

Lower Retail

Sweaters

37

$17.50

$13.50

Scarves

13

$17.50

$11.50

Jackets

19

$12.00

$7.00

What is the $GMD for these items?