Mathematics, 28.01.2021 02:00 bubl6010
Help please!
a merchant paid $3 each for golfing hats that he sold for $4 each. he therefore earned a gross profit of $1 per hat. by what per cent was the cost price increased to provide for this profit?
1. 20%
2. 30%
3. 33 (thirty three) 1/3%
4. 300%
5. none of these.
Answers: 3
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Help please!
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