document.write( "Question 176223: If I bought an item for $100 and I want to make a 35% profit margin when I sell it, what price do I sell it for? What is the difference between percent profit and percent profit margin, or is there a diference? \n" ); document.write( "

Algebra.Com's Answer #131331 by nerdybill(7384) $\"\"$ $\"About$

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If I bought an item for $100 and I want to make a 35% profit margin when I sell it, what price do I sell it for?
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\n" ); document.write( "selling price =100 + .35(100)
\n" ); document.write( "selling price =100 + 35
\n" ); document.write( "selling price = $135
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\n" ); document.write( "What is the difference between percent profit and percent profit margin, or is there a difference?..
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\n" ); document.write( "\"percent profit\" is how much is made by selling the item (calculated above).
\n" ); document.write( "\"percent profit margin\" is how much is made by selling the item (calculated above) MINUS any expenses associated with the sale -- an example might be cost of packaging, shipping, handling, etc -- these must be deducted from \"profit\".
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