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What is the operating profit or loss

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Problem 1: A retailer buys a computer for resale at $500.00 less 35% and 10%. The store marks the merchandise to cover expenses of 15% of the regular selling price and a net profit of 24% of the regular selling price. During a clearance sale, the appliance is sold at a markdown of 25%. What is the operating profit or loss?

Reference no: EM132770994

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