Mr. West bought merchandise totaling $3,500. His overhead was $1,200. He sold the merchandise for $5,000. Find his percent of profit based on the cost, to the nearest whole percent.
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2
Answer:
17.647 %
Step-by-step explanation:
Buying price=$3500
Overheading =$1200
Total cost=$4700
SP=$5000
Profit%=100*300/1700
=300/17
=17.647 %
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0
Step-by-step explanation:
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