What is the gross margin percentage for a basketball if a store buys it for 2.50 and the retail price is marked 10.00 And the selling price is 7.50?

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Answer

1257309

2026-04-16 02:40

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Gross Profit/Selling Price = Gross Margin

(7.50 - 2.50)/7.50 = 66.6%

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