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Margins, Markups, and Discounts
Grade Level
GMAT
DI.192 Margins, Markups, and Discounts
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A 3-pack has unit cost of $7, list price of $30 per pack, and sells at 10% off list. What is the gross margin on the pack?
A
22.2%
B
28.6%
C
10.0%
D
30.0%
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