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Hillier Hillier
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Posts: 550
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6 years ago
A gross profit of $96.00 is made on a sale. If the gross profit was 52% based on selling price, what was the cost?
Textbook 
Contemporary Business Mathematics with Canadian Applications

Contemporary Business Mathematics with Canadian Applications


Edition: 11th
Authors:
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wrote...
6 years ago
M = 0.52 S
   96.00 = 0.52S
    S = 184.62
C = 184.62 - 96.00 = $88.62
Hillier Author
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5 years ago
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