document.write( "Question 244539: What is the profit margin of a product bought for $145.85 and sold for $214.85? \n" ); document.write( "

Algebra.Com's Answer #178844 by richwmiller(17219) $\"\"$ $\"About$

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profit is selling price minus costs
\n" ); document.write( "the only cost we know of is the purchase price.
\n" ); document.write( " profit margin is the profit divided by selling price.
\n" ); document.write( "214.85-145.85
\n" ); document.write( "leaves a profit of $69 dollars
\n" ); document.write( "69 divided by selling price 214.85=.3211=32%\r
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