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Maggie purchased 215 designer bags at $200 each. The markup is 55% on cost and the overhead expense is 14% on cost. She sold 140
Maggie purchased 215 designer bags at $200 each. The markup is 55% on cost and the overhead expense is 14% on cost. She sold 140 of the bags at the regular selling price, 35 of the remaining bags at a 30% markdown, and all other remaining bags at the cost price. What is the overall profit or loss on the sale of the bags
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