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Assume a retail tenant is paying a base rent of $ 1 2 0 , 0 0 0 per year ( or $ 1 0
Assume a retail tenant is paying a base rent of $ per year or $ per month In addition, the tenant must pay percent of gross store sales in excess of $ per month as percentage rent. If the store produces $ in gross sales in a month, what is the percentage rent in that month?
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