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A patio set costs a retailer $ 5 5 0 less trade discounts of 3 0 % and 2 5 % . The retailer's overhead

A patio set costs a retailer $550 less trade discounts of 30% and 25%. The retailer's overhead expenses are 25% of cost and operating profit is 10% of cost. At the end of the season, the set is reduced to $320. What is the profit or loss at the sale price? Enter a loss as a negative value.For full marks your answers) should be rounded to the nearest cent.Profit on sale price = $ 0.00

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