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Convert the following gross profit percentages based on sales price to gross profit percentages based on cost: (Round answers to 2 decimal places, e.g. 15.25%)

Convert the following gross profit percentages based on sales price to gross profit percentages based on cost: (Round answers to 2 decimal places, e.g. 15.25%)

31.00% on selling price =		% on cost
55.00% on selling price =		% on cost

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