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A department store paid $30.09 for a cookware set. Overhead expense is 16% of the regular selling price and profit is 16% of the regular

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A department store paid $30.09 for a cookware set. Overhead expense is 16% of the regular selling price and profit is 16% of the regular selling price. During a clearance sale, the set was sold at a markdown of 22%. What was the operating profit or loss on the sale

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