Waiting for answer This question has not been answered yet. You can hire a professional tutor to get the answer.

# need answer with work shown asap Johnny's bicycle store pays $210 less trade discounts of 20% and 6% for bicycles.

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]**