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Mary buys 8 widgets for $40.00. She adds $1.00 in enhancements to each widget and sells them for $9.00 each. What is Mary's estimated gross profit margin?

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John McCann Profile
John McCann answered

$40.00/ 8 = $5 + $1 enhancement per = $6.00 apiece and $3.00 profit apiece.

$24.00 gross profit on total deal

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