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When auditing a completed commercial project to evaluate its financial success, an electrical contractor finds that the job achieved a 25% profit margin, well above the 15% estimate. However, a warehouse physical count uncovers a large shortage of switchgear that was installed on this site but never logged to the job ticket. To accurately judge the project's performance, the contractor must determine that the reported profit margin is __________.

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Updated 2026-05-03

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