MAGENTO: Fatal error: Allowed memory size of 41943040 bytes exhausted

You need to increase the allowed PHP memory in php.ini file.
1. Create a file named php.ini and put this into it. Then upload to your public_html directory
memory_limit = 64M
2. In CPanel, choose PHP Config and enable your php.ini file!
This will increase your allowed memory to 64M. Increase it a little more if it is not enough.

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