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Rainbow Paints is discontinuing a line of paint that it purchased at $ 4 4 less 2 5 % and 1 2 % per 4

Rainbow Paints is discontinuing a line of paint that it purchased at $44 less 25% and 12% per 4-L pail. The stores overhead is 50% of cost, and normal operating profit is 25% of cost. If the manager of the store is prepared to accept a loss of one-quarter of the overhead expenses, what markdown rate can the store offer in order to clear out the paint? (Do not round intermediate calculations and round your final answer to 1 decimal place.)
Rate of markdown %

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