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

[BTGmoderatorLU]

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