document.write( "Question 6708: How do you figure a percentage profit on cost?
\n" ); document.write( "If you have a item with the cost of $150.00 and want to make 35% profit on it what formula do you use? Is that called gross profit on cost?
\n" ); document.write( "Thanks,
\n" ); document.write( "Ron.
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Algebra.Com's Answer #3708 by prince_abubu(198)\"\" \"About 
You can put this solution on YOUR website!
Use \"P%5B0%5D+%2B+P%5B0%5Dr+=+P%5Bf%5D+\". P sub zero is the initial price, r is the percent you want to increase P sub zero by to get to P sub f, the final price.\r
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\n" ); document.write( "\n" ); document.write( "So, \"+150+%2B+150%2A0.35+=+202.5+\" <---- So, the increased price is $202.50. Your profit would've been $52.50
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