The purchase price of a piece of clothing is 120 yuan. The merchant first increases the price by 40% and then marks the price. When selling it, it returns 30% of the marked price. Is it a profit or a loss? Please state the basis for your judgment.
一件衣服进价120元，商家先加价40%后进行标价，出售时以返还标价30%的方法销售，请问是赚了还是亏了？请写出你判断的依据．
<gadget id="calculator">40 / 100</gadget>
<output>2/5 = around 0.4</output>

<gadget id="calculator">1 + (2/5)</gadget>
<output>7/5 = around 1.4</output>

<gadget id="calculator">30 / 100</gadget>
<output>3/10 = around 0.3</output>

<gadget id="calculator">1 - (3/10)</gadget>
<output>7/10 = around 0.7</output>

<gadget id="calculator">120 * (7/5) * (7/10)</gadget>
<output>588/5 = around 117.6</output>

<gadget id="calculator">120 - (588/5)</gadget>
<output>12/5 = around 2.4</output>

<result>12/5 = around 2.4</result>