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a school sold $5 magnets for a 50% markup. they sold 120 magnets and spent $95 on supplies for the event. what was their total profit?

  • math -

    (original cost)*(1+ mark up)= cost per magnet

    (cost per magnet)*(number of magnets sold)= gross or total income

    (gross or total income)-(money spent)= net income or profit

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