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Shirts were purchased for $14.50 each and were marked up by $19.75. During Christmas, they were discounted by $7.85 per shirt. a. What is the

Shirts were purchased for $14.50 each and were marked up by $19.75. During Christmas, they were discounted by $7.85 per shirt.

a. What is the rate of markdown?

% Round to two decimal places

b. What is the reduced selling price per shirt?

Round to the nearest cent

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