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19-03-2017
Mathematics

contestada

If the store purchase an item at a wholesale cost of 3.50 per item and it is sold at a retail value of 5.00 per item what is the gross profit percentage of the item

Respuesta :

22-03-2017

The gross profit is approx. 30%
$1.50 of $5.00

5 x .30 = 1.5

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