A clothing store acquired an item at a cost of $x$ dollars and sold the item for $y$ dollars. The store’s gross

A clothing store acquired an item at a cost of $x$ dollars and sold the item for $y$ dollars. The store’s gross profit from the item was what percent of its cost for the item?

1) $y - x = 20$
2) $y/x = 5 / 4$

The OA is B

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