Post a New Question

math

posted by on .

A product is on sale for 30% off of normal selling price of $12.00 per unit and each unit cost is $5.00. What is the gross profit percentage?

  • math - ,

    so selling price is .7(12) = 8.40
    cost price was 5.00
    profit = 8.4-5 = 3.40

    profit percentage = 3.4/5 = .68 = 68%

Answer This Question

First Name:
School Subject:
Answer:

Related Questions

More Related Questions

Post a New Question