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A kind of tape is selling at a profit of 12% of selling price, equal to 0.
Question 1:
A kind of tape is selling at a profit of 12% of selling price, equal to 0.18$ per tape. What is the selling price of the tape?
A.
$ 1.50
Feedback
Profit / % profit = selling price
$.18 / .12 = $1.50 selling price
B.
$ 1.00
C.
$ 1.20
D.
none of these
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