8a furniture store sold a bed regularly priced for 99000 for 72000 the
8.A furniture store sold a bed regularly priced for $ 990.00 for $ 720.00. Thebed was originally purchased for $ 600.00 less 40 %. The store's overhead is 25 % of the regular selling price. Calculate the rate of markdown (as percentage to nearest100th) at whichthe hod was celd the bed was sold.
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