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A department store paid $33.08 for a dinner plate set. Overhead expense is 24% of the regular selling price, and profit is 21% of the
A department store paid $33.08 for a dinner plate set. Overhead expense is 24% of the regular selling price, and profit is 21% of the regular selling price. During a clearance sale, the set was sold at a markdown of 18%. What was the operating profit or loss on the sale?
- The operating Profit OR Loss: WAS: ??
-(Round the final answer to the nearest cent as needed. Round all intermediate values to six decimal places as needed.)
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