Question 6 of 10 Shirts were purchased for $13.50 each and were marked up by $16.75. During Christmas, they were discounted by $5.85 per shirt. a. What is the rate of markdown? 0.00 % Round to two decimal places b. What is the reduced selling price per shirt? $0.00 Round re the nearest cent Question 7 of 10 Adam buys sculptures from Toronto and sells them in her studio in Vancouver. She purchases the sculptures from a gallery in Toronto for $5,000, less discounts of 10% and 10%. Her overhead expenses are 8.5% on the cost and she would like to make a profit of 45% on the cost of the sculptures. Calculate the following: a. Regular selling price of the sculptures. $0.00 Round to the nearest cent b. Adam's profit or loss if she offers a markdown of 19%. $0.00 Round to the nearest cent c. Maximum markdown rate Adam can offer to sell at break-even price. 0.00 % Round to two decimal placesQuestion 8 of 10 A distributor sells water cooling units for $810 each. The operating profit is 25% on cost and markup is 60% on cost. a. Calculate the cost per cooling unit. $0.00 Round to the nearest cent b. Calculate the rate of markdown offered during a sale if it made a profit of $54.20 per machine. 0.00 % Round to M0 decimal places c. What should be the rate of markdown offered to sell the machines at the cost price? 0.00 % Round to M0 decimal! places Question 9 of 10 A distributor purchases industrial fans for $149 each. Its profit is 10.00% on selling price and markup is 30.00% on selling price. During a trade show, if the distributor offers a markdown of 7.50% on its fans, calculate the reduced profit or loss made per fan. $0.00 Round to the nearest cent. Express 3 loss as a negative Question 10 of 10 Gabriella was in the business of purchasing sculptures from Brazil and selling them in Toronto at her boutique. On one consignment listed at $2,500, she received trade discounts of 11.00%, 7.00%, and 7.00%. The overhead expenses were 16.00% of her costs and she wanted to make a profit of31.00% on cost. a. What is the regular selling price of the sculptures? $0.00 Round to the nearest cent b. Calculate the profit she will make if she decides to markdown the selling price by 13.00%. $0.00 Round to the nearest cent c. Calculate the maximum rate of markdown that she can offer so that she breaks even on the sale. 0.00 %