Big Boy Appliances bought self-cleaning ovens for $900 less 33 13% and 5%. Expenses are 15% of

Question:

Big Boy Appliances bought self-cleaning ovens for $900 less 33 1⁄3% and 5%. Expenses are 15% of the regular selling price and profit is 9% of the regular selling price. For competitive reasons, the store marks all merchandise with a price so that a discount of 25% can be advertised without affecting the margin. To promote sales, the ovens were marked down 40%. What operating profit or loss did the store make on the ovens sold during the sales promotion?