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An article cost $12.07 and sells for $17.00, a gross profit of $4.93. What is the gross profit percentage? What is the markup? (Round answers

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An article cost $12.07 and sells for $17.00, a gross profit of $4.93. What is the gross profit percentage? What is the markup? (Round answers to to 2 decimal places, eg. 15.25\%) An article cost $12.07 and sells for $17.00, a gross profit of $4.93. What is the gross profit percentage? What is the markup? (Round answers to to 2 decimal places, eg. 15.25\%)

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