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Bunuel
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A clothing store bought a container of 100 shirts for $20. If the stor 03 Jul 2019, 02:38
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93% (00:40) correct 7% (01:13) wrong based on 60 sessions

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A clothing store bought a container of 100 shirts for $20. If the store sold all of the shirts at $0.50 per shirt, what is the store's gross profit on the container?

A. 20
B. 30
C. 40
D. 60
E. 70
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B
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A clothing store bought a container of 100 shirts for $20. If the stor 03 Jul 2019, 02:58
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Bunuel
A clothing store bought a container of 100 shirts for $20. If the store sold all of the shirts at $0.50 per shirt, what is the store's gross profit on the container?

A. 20
B. 30
C. 40
D. 60
E. 70
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Cost price = 20

Selling price = 100 * 0.5 = 50.

Gross profit = 50 - 20 = 30.

B is the correct answer.
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A clothing store bought a container of 100 shirts for $20. If the stor 03 Jul 2019, 03:08
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Bunuel
A clothing store bought a container of 100 shirts for $20. If the store sold all of the shirts at $0.50 per shirt, what is the store's gross profit on the container?

A. 20
B. 30
C. 40
D. 60
E. 70
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bought a container of 100 shirts for $20

store sold all of the shirts at $0.50 per shirt
--> Selling Price of 100 shirts = 0.50*100 = 50 $

Gross Profit = SP - CP = 50 - 20 = 30 $

IMO Option B

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A clothing store bought a container of 100 shirts for $20. If the stor 03 Jul 2019, 10:07
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Bunuel
A clothing store bought a container of 100 shirts for $20. If the store sold all of the shirts at $0.50 per shirt, what is the store's gross profit on the container?

A. 20
B. 30
C. 40
D. 60
E. 70
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CP = 100 shirts 20 $
and SP = 100*.5 ; 50 $
profit ; 50-20 ; 30 $
IMO B
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A clothing store bought a container of 100 shirts for $20. If the stor 03 Jul 2019, 19:18
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Bunuel
A clothing store bought a container of 100 shirts for $20. If the store sold all of the shirts at $0.50 per shirt, what is the store's gross profit on the container?

A. 20
B. 30
C. 40
D. 60
E. 70
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Cost price = $0.2 for 1 shirt
Selling price = $0.5 for 1 shirt
Profit = $0.3 for 1 shirt
Gross profit = 0.3*100 = $30

IMO B

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A clothing store bought a container of 100 shirts for $20. If the stor 06 Jul 2019, 18:23
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Bunuel
A clothing store bought a container of 100 shirts for $20. If the store sold all of the shirts at $0.50 per shirt, what is the store's gross profit on the container?

A. 20
B. 30
C. 40
D. 60
E. 70
Show more

The gross profit is:

100 x 0.5 - 20 = 50 - 20 = 30 dollars.

Answer: B
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