A company paid $217.50 for an item. The original price was $296.60, but this was marked...

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A company paid $217.50 for an item. The original price was $296.60, but this was marked down 40%. If the operating expenses are 35% of the cost, find the operating loss and the absolute loss What is the operating loss? $(Round to the nearest cent.) What is the absolute loss? (Round to the nearest cent.)) A company paid $217.50 for an item. The original price was $296.60, but this was marked down 40%. If the operating expenses are 35% of the cost, find the operating loss and the absolute loss What is the operating loss? $(Round to the nearest cent.) What is the absolute loss? (Round to the nearest cent.))

Answer rating: 100% (QA)

To solve this problem we need to find the cost of the item the selling price the operating expenses ... View the full answer