Question: A store has been selling a special beginner's wakeboard kit for $500.00, giving the store a 40% contribution margin. For staff, the store will sell

A store has been selling a special beginner's wakeboard kit for $500.00, giving the store a 40% contribution margin. For staff, the store will sell the Wakeboard kit for $385.00. What percentage above the store's cost base can a staff member purchase the basic Wakeboard kit?

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