## Question

###### A clothing store buys gloves for 26$ less 21% for buying over50 pairs, and less a further 27 1/3% for buying last season'sstyle. The gloves are then marked up to cover overhead expenses of29% of cost and a profit of 40 1/3 of cost.(a) What is the regular selling price of the ?(b) What is the maximum amount of markdown to break even?(c) What is the rate of markdown if the are sold at thebreak-even price?

A clothing store buys gloves for 26$ less 21% for buying over 50 pairs, and less a further 27 1/3% for buying last season's style. The gloves are then marked up to cover overhead expenses of 29% of cost and a profit of 40 1/3 of cost. (a) What is the regular selling price of the ? (b) What is the maximum amount of markdown to break even? (c) What is the rate of markdown if the are sold at the break-even price?

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