Gross Profit

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Oct 12, 2011
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Can someone please help me with this ??? i am a beginner and need some help with this question..

I am a car salesman and I have a car on the lot that I purchased for $8,000.
My goal on each car I sell is to end up with a 40% Gross Profit.
How much do I need to sell this car for to reach my goal?
 

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