SOLUTION: A hardware store paid $33.45 for a set of cookware. Overhead expense is 15% of the regular selling price and profit is 10% of the regular selling price. During a clearance sale, th
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Question 992252: A hardware store paid $33.45 for a set of cookware. Overhead expense is 15% of the regular selling price and profit is 10% of the regular selling price. During a clearance sale, the set was sold at a markdown of 15%. What was the operating profit or loss on the sale?
Answer: loss of $2.23
Can you show me the steps? I'm in first year of college, btw. Answer by solver91311(24713) (Show Source):
