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Pedro wondered how successful his new pizza restaurant was after its first full year of operations. He learned that profit margin equals net income divided

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Pedro wondered how successful his new pizza restaurant was after its first full year of operations. He learned that profit margin equals net income divided by sales. If his restaurant had sales of $250,000, and his net income earned after all deductions was $50,000, what was his profit margin? Answer: O 30% O 50% 40% 20%

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