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Amritpal sells jumpers at a gross profit margin of 30%. Which one of the following statements is true? a. Jumpers costing for 500 will be

Amritpal sells jumpers at a gross profit margin of 30%. Which one of the following statements is true?

Jumpers costing for 500 will be sold for 700

Jumpers costing 500 will be sold for 800

Jumpers costing 700 will be sold for 1,000

Jumpers costing 600 will be sold for 900

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