A vendor purchases a vintage jacket for dollars and later sells it at a market for dollars. What is the vendor's profit percentage on this item?
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- Cevap
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Cevap
The vendor's profit percentage is .
The total profit is found by subtracting the cost price () from the selling price (), resulting in a dollar profit. To find the profit percentage, you must divide the profit by the original cost price (). Converting the decimal to a percentage gives .
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Anahtar Kavram
Calculating profit percentage using the original cost as the base value.
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