A business pays 68 for a car seat and wants a 24 markup for operating expenses as well as a 6 markup for profit However customers think the car seats are ugly so they are not selling Management reduces the price of each car seat by 30 to get rid o them Find A the selling price B the reduced price C the percent markdown D Which applies to this situation profit operating loss or absolute loss E What is the amount of profit operating loss or absolute loss 4