A man bought the contents of a store for $9,300. He sold the goods for 1/3 more than they cost him. He lost 15% of the selling price in bad debts. His entire profit on this investment was:
A: 18-1/3%;
B: $1,240;
C: $1,860;
D: $3,100.
Answer: B: $1,240;
Business
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