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3 years ago

5

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? (fo

rmula: gross profit percentage = [(retail - cost) divided by retail] x 100)

1 answer:

Irina-Kira [14]3 years ago

7 0

Using this formula, the gross profit percentage is approx. 75%

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