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Upsilon Ltd. sold inventory with a cost of $30,000 for $50,000. Calculate the gross profit margin for the sale, the percentage markup on cost, the

Upsilon Ltd. sold inventory with a cost of $30,000 for $50,000. Calculate the gross profit margin for the sale, the percentage markup on cost, the percentage markup on selling price, and the net profit margin if the company's operating expenses were $15,000.

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