Lisa and Joseph own a lighting store. Last year, their net profit ...

[hubes95]

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]

Answer to Question 1

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

Answer to Question 2

24.80;
35.99 - 11.19 = 24.80