hard · GMAT Quant
An office supply store buys pens at a wholesale price of $0.60 per pen and sells them in packs of 12 for $9.00 per pack.
The profit on each pack of pens represents what fraction of the wholesale cost of the pack?
- (1)/(5)
- (3)/(10)
- (1)/(3)
- (1)/(4)
- (1)/(2)
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