RealMart, a major retail store, buys 12-packs of a sports drink from a grocery wholesaler,...

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Accounting

RealMart, a major retail store, buys 12-packs of a sports drink from a grocery wholesaler, paying $276 for a case of 24/12-packs and sells each 12-pack for $15.99 to consumers. The grocery wholesaler buys the case of 24/12-packs for $240. What is the stores (RealMart's) margin on selling price for the 12-packs? (rounded)

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