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Question 5 When the gross profit percentage (Markup) of costs is 40%, the gross profit percentage of sales is equal to: OA. 20% OB.

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Question 5 When the gross profit percentage (Markup) of costs is 40%, the gross profit percentage of sales is equal to: OA. 20% OB. 28.60% 42.9% COD. 30.07%

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