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

02-09-2017

The gross profit percentage is 55%

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michaelanikk michaelanikk

02-09-2017

[($1.65-$2.20) / $1.65 * 100]

= 25

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