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    What was the store's gross profit percentage?

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    Bad Boy Sporting Goods sells sports equipment retail.

    Item Amount
    Inventory, April 1st 7500
    Inventory, April 30th 6000
    Purchases during April 12000

    Sales Revenue 35000

    Based upon the inventory, purchase and Sales Revenue, what was the store's gross profit percentage? Please describe the answer in detail.

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    Solution Summary

    The solution computes What was the store's gross profit percentage for Bad Boy Sporting Goods.