pruttybarbiieovn12e pruttybarbiieovn12e
  • 02-09-2017
  • 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)

Respuesta :

danisuhi
danisuhi danisuhi
  • 02-09-2017
The gross profit percentage is 55%
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michaelanikk
michaelanikk michaelanikk
  • 02-09-2017
[($1.65-$2.20) / $1.65 * 100]

= 25
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