fenneBriacovanar fenneBriacovanar
  • 19-03-2017
  • Mathematics
contestada

If the store purchases a product at a wholesale cost of $1.65, and it is sold at $2.20, what is the gross profit percentage? (formula: gross profit percentage = [(retail - cost) divided by retail] x 100)

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wonah wonah
  • 22-03-2017
using this formula, the gross profit percentage is approx. 75%
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