Question: Question 5 4. a. What IS LI b. What would the selling price be for a pack c. What gross profit would be made on

Question 5

4. a. What IS LI b. What would the selling price be for a pack c. What gross profit would be made on the sale? 5. A store uses a markup of 37,% on selling price. If this yields a gross profit of $15. a. What was the selling price? b. What was the cost? o. A convenience store uses a markup of 60% on selling price. If this yields a gross profit of $5 in a. What was the selling price

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