A consumer products company reported a 25 percent increase in sales from 2012 to 2013. Sales in 2012 were $200,000. In 2013, the company reported Cost of Goods Sold in the amount of $150,000. What was the gross profit percentage in 2013? Round to one decimalplace.

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2013 2012 Net income Stockholders' equity Total assets Interest expense 1,850 10,000 24,000 1,600 13,125 26,000 400 300