Math 001 (st) Okanagan College Long Answer Questions 16. You own a hardware store and own a hardware store and purchase a saw for at a list price of $225 less discounts of 10%, 20% and 40%.-he..^^.tke 2 (a) What single discount is (a) What single discount is equivalent to the discount you received? (b) You mark up the saw 35% of cost for overhead and 30% of the selling price to account for profit. What is the selling price of the saw? 2) (c) Compute both the rate of markup on cost and the rate of mark up on selling price. (d) The saw was marked down so that it sells at 10% above cost. What was the rate of markdown