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The cost of shirts is $11.90 each if 1,000 shirts are purchased. Harry sells 800 shirts before the football season begins at a 60% markup
The cost of shirts is $11.90 each if 1,000 shirts are purchased. Harry sells 800 shirts before the football season begins at a 60% markup based on cost. What is the gross margin (markup) if Harry sells the remaining 200 shirts at a 30% reduction from the selling price?
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