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11 March, 01:52

If the store purchases an item at a wholesale cost of $3.50 per item, and it is sold at a retail value of $5.00 per item. What is the gross profit percentage of the item?

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  1. 11 March, 03:03
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    30% of 5.00 is 1.50 and 5.00 subtract 1.50 is 3.50 which is the beginning product so 30% is your answer.
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