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    What Is the New Profit Margin with a 10-Percent Reduction
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What Is the New Profit Margin with a 10-Percent Reduction

Question 67

Question 67

Multiple Choice

What is the new profit margin with a 10-percent reduction in the cost of materials,assuming sales remain the same?


A) 10%
B) 13.5%
C) 15.6%
D) 20%

Correct Answer:

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