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Title: A gross profit of $181.00 is made on a sale. If the gross profit is 22.5% based on selling price, ... Post by: gewusel on Nov 26, 2017 A gross profit of $181.00 is made on a sale. If the gross profit is 22.5% based on selling price, what was the cost?
Title: Re: A gross profit of $181.00 is made on a sale. If the gross profit is 22.5% based on selling ... Post by: yacom on Nov 26, 2017 M = 181 and represents 22.5% of selling price
181 = 0.225 S S = S = $804.44 C = 804.44 - 181.00 = $623.44 |