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A company paid $203.70 for an item. The original price was $294.60, but this was marked down 40%. If the operating expenses are 40%. If

A company paid $203.70 for an item. The original price was $294.60, but this was marked down 40%. If the operating expenses are 40%. If the operating expenses are 35% of the cost, find the operating loss and the absolute loss.

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