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A certain retailer increases the cost of a specific piece of furniture by $720. Let's assume the wholesale price for this dining room table is $300. What percent profit will the retailer realize?
The realized profit is the amount of money remaining after paying off the wholesale price. In this case, it should be expressed as a percent of the wholesale price.
(1) What is the price tag on the table (the price including the mark-up)?
$
(2) What is the percent profit?
%
Note: Enter as a percent, not as a decimal value.
The realized profit is the amount of money remaining after paying off the wholesale price. In this case, it should be expressed as a percent of the wholesale price.
(1) What is the price tag on the table (the price including the mark-up)?
$
(2) What is the percent profit?
%
Note: Enter as a percent, not as a decimal value.
1020
240