1. Harold works at a men’s clothing store, which marks up its retail clothing by 27%. The store purchases pants for $74.00, suit jackets for $325.00, and dress shirts for $48.00.
How much will Harold charge a customer for two pairs of pants, three dress shirts, and a
suit jacket?

2.Margo purchases bulk teas from a warehouse and marks up those prices by 20% for retail
sale. When teas go unsold for more than two months, Margo marks down the retail price
by 20%. 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? Explain.