Margo purchases bulk teas from a warehouse and marks up those prices by 40% for retail sale. When teas go unsold for more than two months, Margo marks down the retail price by 40%. She says that she is
breaking even; that is, she is getting the same price for the tea that she paid for it. Is she correct? Complete
the explanation.
She (select)y breaking even. Her cost for the tea is t, so the retail price is 1.41. The discounted price is
t, which is (select) t.