Question 1. Burotica bought desks for $350.00 less 25%, 20%, 10%. The store's expenses are 62% of cost and net profit is 25% of cost. (a) What is the cost of the desks to the store? (2 marks] Answer: (b) What is the regular selling price of the desks? [2 marks] Answer: (c) Find the equivalent discount rate. [2 marks] Answer: (d) Burotica bought a new model of desks that cost the store $210. The regular selling price of the desks in the store includes a margin of 30%. During a sale, the desks were marked down to $270. What is the rate of markdown at which the desks were offered for sale? (4 marks)