Plz do fast I will rate Digital Devices plans to stop carrying the Casio FC-100 calculator. It normally marks up the calculator from the $77.50 wholesale cost to the regular selling price of $119.95....

Plz do fast I will rate

Digital Devices plans to stop carrying the Casio FC-100 calculator. It normally marks up the calculator from the $77.50 wholesale cost to the regular selling price of $119.95.



a. What is the normal rate of markup on selling price?(Do not round intermediate calculations and round final answer to 1 decimal place.)



Rate of markup             %



b.What rate of markdown can be advertised if Digital Devices wishes to clear out the stock at the wholesale cost?(Do not round intermediate calculations and round final answer to 1 decimal place.)



Rate of markdown             %