Barmby's Aquarium Supplies Purchased Sets of Aquariums for $315

Question 118
Multiple Choice

Barmby's Aquarium Supplies purchased sets of aquariums for $315.00 less 10%,12%.Expenses are 21% of the regular selling price and the required profit is 42% of the regular selling price.The store decided to change the regular selling price so that it could offer a 20% discount without affecting its margin.During the Christmas season,the unsold sets were advertised at a discount of 40%.What operating profit or loss was realized on the sets sold during the Christmas season? A)$112.83 B)$114.62 C)$112.11 D)$110.85 E)$123.49