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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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