Question: Case A - Simple Gross Profit calculation - No A football club purchases the following items of clothing to resell to its members: - Shirts

 Case A - Simple Gross Profit calculation - No A football

Case A - Simple Gross Profit calculation - No A football club purchases the following items of clothing to resell to its members: - Shirts - quantity 200 , costing $20 each, selling price $30 each - Shorts - quantity 200 , costing $15 each, selling price $20 each - Socks - quantity 200 (pairs), costing $6 each, selling price $10 each All items of clothing were sold. Your task is to calculate the Gross Profit in dollar and percent terms for each of the three lines of clothing. What is the overall Gross Profit in dollar and percent terms, and which line of clothing was the mos profitable

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