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Calculate the total profit for last year

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Q1. Rose, Sam and Tom form a partnership to run their business. The total profit will be shared between Rose, Sam and Tom in the ratio 7:5:8 respectively. Last year, Sam's share of the profit was $70,000. Calculate the total profit for last year.

Q2. A clothing store marks up the cost of all clothing by 350%. If the store sells a pair of jeans for $180, how much did the pair of jeans cost the store?

Reference no: EM132690322

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