Lisa and Joseph own a lighting store. Last year, their net profit was 245,000. If last year's ...

Lisa and Joseph own a lighting store. Last year, their net profit was 245,000. If last year's operating costs were 629,501, what were last year's gross profits?

Q. 2

An item has a retail price of 35.99. If the markup amount is 11.19, what is the cost?

Q. 3

Marlene sells make-up kits in her store. Each kit costs her 26.34. The markup amount is 7.25. What is the selling price?

Q. 4

To find the sale price of an item, multiply the original price by the _____________ of the markdown rate.
 Fill in the blank(s) with correct word

Q. 5

Both operating costs and net profit are used to calculate _______.
 Fill in the blank(s) with correct word