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Earn +20 ptsQ: What is Dealer Front-end Profit?
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A dealer bought a bicycle for 160 and sold it for 192 what was her percentage profit?
profit/cost=profit margin (192-160)/160= .2 = 20%
What is the frontend estimation of 484?
It is 500.
What is the formula for converting profit percent to profit?
Profit = (profit percentage / 100) x gross income
Sell price is 2602.58 cost price is 2090.42 what is the profit?
The basic formulas for profit are represented as follows: Profit = Price - Cost % Profit = Profit / Cost So, if an item sold for 2,602.58 and cost 2,090.42, the profit (absolute) is : Profit = 2,602.58 - 2,090.42 = 512.16 The % profit (relative to the cost) is: % Profit = 512.16 / 2,090.42 = 24.5%
How do you get a retail price if you have the gross profit percent and cost?
Add the profit margin (cost*profit%) to the cost. Add the profit margin (cost*profit%) to the cost. Add the profit margin (cost*profit%) to the cost. Add the profit margin (cost*profit%) to the cost.
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