Friday

February 27, 2015

February 27, 2015

Posted by **Jason** on Friday, February 10, 2012 at 5:43pm.

When a store claculates its profit as a percentage of its cost price the profit is always bigger than the profit calculated as a percentage of the selling price.

What does it mean and please give me an example.

Thank you :)

- Math -
**Steve**, Saturday, February 11, 2012 at 5:37amcost: $10

selling price: $15

profit: $5

profit/cost = 5/10 = 50%

profit/sellprice = 5/15 = 33%

assuming s > c

ps > pc

divide by sc:

p/c > p/s

**Answer this Question**

**Related Questions**

math - At a boutique,an evening gown is marked at a profit of 40% on the cost ...

8th grade math - i need help NOW: A leather coat costs a fashion store $150. ...

Computer Ecxel - Rent A Flick Insert a Date Formula Movie Category Rental Price ...

health care?business - I am doing a paper on not for profit and for profit ...

Math - your profit P is determine by subtracting the cost C(the amount of money ...

Marketing - Which of the following statements describes how price relates to ...

Math problem - Please solve Your profit P is determined by subtracting the cost ...

Math! - Pls help me on this, i dunno the answer but i got the answer of my own, ...

math - If the store purchases an item at a wholesale cost of $3.50 per item, and...

math - If the store purchases an item at a wholesale cost of $3.50 per item, and...