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A department store paid $48.23 for a wine set. Overhead expense is 15 % of the regular selling price and profit is 23 % of

A department store paid $48.23 for a wine set. Overhead expense is 15 % of the regular selling price and profit is 23 % of the regular selling price. During a clearancesale, the set was sold at a markdown of 33 %. What was the operating profit or loss on thesale?

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