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Tire shop sells its tires at $133 each. They purchase the tires from the factory for $96 each. Overhead expenses are 16% of the selling

Tire shop sells its tires at $133 each. They purchase the tires from the factory for $96 each. Overhead expenses are 16% of the selling price. Determine the operating profit per tire.

A

12.2

B

16.4

C

15.72

D

11.7

E

18.4

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