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gewusel gewusel
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7 years ago
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?
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Contemporary Business Mathematics with Canadian Applications

Contemporary Business Mathematics with Canadian Applications


Edition: 11th
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wrote...
7 years ago
M = 181 and represents 22.5% of selling price
181 = 0.225 S
   S = 
   S = $804.44
C = 804.44 - 181.00 = $623.44
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