A store pay $120 for a bicycle. The store has a 60% markup policy. What is the selling price of the bicycle? (answer $192) Use your answer from the above question to help answer this question!! The store is now going out of business and is selling all of the bicycles at a 30% discount. What is the sale price of the bicycle? (answer $134.4)

Use the information from the last two questions to help you answer this question. Will the store make money or lose money on the bicycle? How much?