Solve the problem. Round rates to the nearest whole percent and dollar amounts to the nearest cent.The Galerie d'Art paid $138.60 for a limited edition Graux print. The original selling price was $180.18, but this was marked down 25% to make room for incoming pieces. If operating expenses are 28% of cost, find the operating loss and the absolute loss.
A. operating loss: $45.04
absolute loss: $3.46
B. operating loss: $42.27
absolute loss: $3.46
C. operating loss: $42.27
absolute loss: $45.04
D. operating loss: $3.46
absolute loss: $42.27
Answer: B
Mathematics
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