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A company has sales in a period of $10,000 and cost of sales of $6,000. What is the gross profit margin? Select one: a) 60%

A company has sales in a period of $10,000 and cost of sales of $6,000. What is the gross profit margin?

Select one:

a) 60%

b) 167%

c) 67%

d) 40%

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