Hair World Inc. is a wholesaler of hair supplies. Hair World uses a perpetual inventory system. The following transactions (summarized) have been selected for analysis:

a.	Sold merchandise for cash (cost of merchandise $8,797).	$	11,200
b.	Received merchandise returned by customers as unsatisfactory (but in perfect condition) for cash refund (original cost of merchandise $60 ).		100
c.	Sold merchandise (costing $2,375 ) to a customer on account with terms n/60.		5,000
d.	Collected half of the balance owed by the customer in (c).		2,500
e.	Granted a partial allowance relating to credit sales the customer in (c) had not yet paid.		80

Hair World is considering a contract to sell merchandise to a hair salon chain for $10,000. This merchandise will cost Hair World $7,600. What would be the increase (or decrease) to Hair Worlds gross profit and gross profit percentage? (Round "Gross Profit Percentage" to 1 decimal place.)