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5. Every morning Grandmas Kitchen purchases fresh cinnamon rolls from a local bakery. These cost $.75 each. They are sold to early morning customers for

5. Every morning Grandmas Kitchen purchases fresh cinnamon rolls from a local bakery. These cost $.75 each. They are sold to early morning customers for $3.00 each. Whatever rolls do not sell that morning are sold the next day as day old rolls. The markdown percent is 100%. What is the initial margin percent on the cinnamon rolls? What is the maintain margin percent? Did the restaurant make a profit?

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