Workwear Station uses a mark-up on cost of 60% to establish its retail prices. This pricing rule builds in a profit of 25% of cost. What rate of markdown can Workwear Station offer and just break even on the reduced price?

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The Answer of Workwear Station uses a mark-up on cost of 60% to establish its retail prices. This pricing rule builds in a profit of 25% of cost. What rate of markdown can Workwear Station offer and just break even on the reduced price?

Workwear Station Uses a Mark-Up on Cost of 60% to Establish