purchased dress shirts to sell in his clothing store that has overhead expenses to 12.00% of costs. To make a profit of 13.00% of the cost, he sells them at a r price of $65.00 each. nat rate of markdown is required to sell the shirts at break-even? d to two decimal places What rate of markdown is required to sell the shirts at cost? % und to two decimal ces ->

Calculus: Early Transcendentals
8th Edition
ISBN:9781285741550
Author:James Stewart
Publisher:James Stewart
Chapter1: Functions And Models
Section: Chapter Questions
Problem 1RCC: (a) What is a function? What are its domain and range? (b) What is the graph of a function? (c) How...
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Caitlin purchased dress shirts to sell in his clothing store that has overhead expenses
equal to 12.00% of costs. To make a profit of 13.00% of the cost, he sells them at a
regular price of $65.00 each.
a. What rate of markdown is required to sell the shirts at break-even?
%
Round to two decimal places
b. What rate of markdown is required to sell the shirts at cost?
Round to two decimal places
SAVE PROGRESS
15°C Cloudy
12
fg
144
A
&
23
Transcribed Image Text:Caitlin purchased dress shirts to sell in his clothing store that has overhead expenses equal to 12.00% of costs. To make a profit of 13.00% of the cost, he sells them at a regular price of $65.00 each. a. What rate of markdown is required to sell the shirts at break-even? % Round to two decimal places b. What rate of markdown is required to sell the shirts at cost? Round to two decimal places SAVE PROGRESS 15°C Cloudy 12 fg 144 A & 23
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