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Daniel [21]
2 years ago
6

What percentage profit is made on a sale if the selling price is $225,000 and the purchase price is $190,000?

Business
1 answer:
IgorLugansk [536]2 years ago
5 0

The percentage profit = 18%

A profit is made on sale with selling price more than the purchasing price. The purchasing price is also known as the cost price.

Given the selling price = $225000

and the purchasing price = $190000

Since the selling price is more than the purchasing price, there is obviously a profit gained.

Now profit amount = Selling price - Purchasing price

                                = 225000-190000 = $35000

Profit percentage = (Profit / Purchasing price) x 100%

                             = (35000 / 190000) x 100%

                             = 18.42%

Learn more about profit at brainly.com/question/19104371

#SPJ4

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Several employees face this problem of getting fired or laid off from work due to many reasons like drop in business profits, bankruptcy of the company, too much work force than required, not so competent work force, etc.

Before any situation like this occurs or when it is evident that something like this might occur the employees should start solving problems.

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Average total cost is very high when a small amount of output is produced because.
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When average fixed cost is large.

Explanation:

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1 year ago
The main purpose of insurance policies that are protected by COBRA is to:
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2 years ago
A project requires an initial investment of $60,000 and has a project profitability index of 0.329. The present value of the fut
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Answer:

The present value of the future cash inflows from this investment is $19,740

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Profitability Index is a useful tool for ranking project because we can know the amount/ value created by per unit of investment.

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