imjennaelise imjennaelise 27-01-2021 Mathematics contestada help please! a merchant paid $3 each for golfing hats that he sold for $4 each. he therefore earned a gross profit of $1 per hat. by what per cent was the cost price increased to provide for this profit? 1. 20% 2. 30% 3. 33 (thirty three) 1/3% 4. 300% 5. none of these.