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QUESTION 11 A gross profit margin of 20% on cost is maintained. If the purchase price of an item is R506.16 (VAT incl), what is

QUESTION 11 A gross profit margin of 20% on cost is maintained. If the purchase price of an item is R506.16 (VAT incl), what is the selling price (VAT incl) that will be levied by the entity? R532 80 R62 16 R444 R607 39

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