A retailer marked up an item from its $7.92 cost to the regular selling price of $19.80. During the store's Anniversary Sale, the item was offered at 20% off. On a sale at this price, what was the (reduced) operating profit if unit overhead expenses were 70% of cost?

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The Answer of A retailer marked up an item from its $7.92 cost to the regular selling price of $19.80. During the store's Anniversary Sale, the item was offered at 20% off. On a sale at this price, what was the (reduced) operating profit if unit overhead expenses were 70% of cost?

A Retailer Marked Up an Item from Its $7