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A business has the following results Sales 100,000, cost of sales (20,000), Gross profit80,000, Expenses (30,000), Net Profit 50,000. What is the net profit marginfor
A business has the following results Sales 100,000, cost of sales (20,000), Gross profit80,000, Expenses (30,000), Net Profit 50,000. What is the net profit marginfor the business?
Select one:
a) 50%
b) 80%
c) 62.5%
d 200%
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