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Two Wheeler Dealer had sales totaling $198,464 last year. The cost of the goods sold was $177,228. What was the gross profit margin for the

Two Wheeler Dealer had sales totaling $198,464 last year. The cost of the goods sold was $177,228. What was the gross profit margin for the year? Group of answer choices

11.98%

8.93%

10.70%

21.24%

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