Q1. A retailer bought a dining table set for RM505. Operating expenses incurred in selling the chair were 15% of the cost. If the retailer wanted to make 25% net profit based on cost, find (a) the retail price, (2 marks) (CLO2:PLO2:C2)CLO2:PLO2:C2) (b) the gross profit, (2 marks) (CLO2:PLO2:C2)(CLO2:PLO2:C2) (C) the net profit, (2 marks) (CLO2:PLO2:C2)CLO2:PLO2:C2) (d ) the breakeven price, (2 marks) (e) the maximum markdown per cent that can be offered without making any loss. (2 marks) (CLO2:PLO2:C2)(CLO2:PLO2:C2) (f) If the table was sold at RM600, find the net profit/loss. (3 marks) (CLO2:PLO2:C2)(CLO2:PLO2:C2)