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Author Question: Lisa and Joseph own a lighting store. Last year, their net profit was 245,000. If last year's ... (Read 47 times)

hubes95

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on: Jun 24, 2018
Lisa and Joseph own a lighting store. Last year, their net profit was 245,000. If last year's operating costs were 629,501, what were last year's gross profits?

Question 2

An item has a retail price of 35.99. If the markup amount is 11.19, what is the cost?


pikon

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Reply #1 on: Jun 24, 2018
Answer to Question 1

874,501;
629,501 + 245,000 = 874,501

Answer to Question 2

24.80;
35.99 - 11.19 = 24.80


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