Need Answer With Work Shown Asap Johnny S Bicycle Store Pays 210 Less Trade Disc

need answer with work shown asap

Johnny’s bicycle store pays $210 less trade discounts of 20% and 6% for bicycles.  The store’s overhead expenses are 35% of the cost and their profit is 40% of the cost

b)  What is the rate of markdown if the item is sold at the break-even price?  [2 marks]

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