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19 January, 15:45

If the store purchase 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. 19 January, 16:02
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    The gross profit is approx. 30%

    $1.50 of $5.00

    5 x. 30 = 1.5
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