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2 When the gross profit percentage (Markup) of costs is 40%, the gross profit percentage of sales is equal to: COA. 20% SOB. 42.9% OC.

2 When the gross profit percentage (Markup) of costs is 40%, the gross profit percentage of sales is equal to: COA. 20% SOB. 42.9% OC. 30.07% OD. 28.60%

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