A dining room set costs $400, less 30% and 10%. The overhead costs are 25% of cost and operating profit is 30% of cost. After three months, the set is reduced to $200. What was the operating profit or loss of the set at the reduced price?
A) loss $52
B) loss $115
C) loss $390.60
D) loss $175
E) loss $63

Question

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The Answer of A dining room set costs $400, less 30% and 10%. The overhead costs are 25% of cost and operating profit is 30% of cost. After three months, the set is reduced to $200. What was the operating profit or loss of the set at the reduced price?
A) loss $52
B) loss $115
C) loss $390.60
D) loss $175
E) loss $63

A Dining Room Set Costs $400, Less 30% and 10