A business pays $68 for a car seat and wants a 24% markup for operating expenses as well as a 6% markup for profit. However,

Question

A business pays $68 for a car seat and wants a 24% markup for operating
expenses as well as a 6% markup for profit. However, customers think the
car seats are ugly, so they are not selling. Management reduces the price of
each car seat by $30 to get rid of them. Find:
A. the selling price $
B. the reduced price $
C. the percent markdown
D. Which one, profit, operating loss, or absolute loss?
E. What is the amount of profit, operating loss, or absolute loss? $

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