document.write( "Question 57133: If a sporting goods store buys golf balls for $.75 and sells them for $2.25, its gross profit as a percent of cost is
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\n" ); document.write( " a. 3%.
\n" ); document.write( " b. 20%.
\n" ); document.write( " c. 33 1/3%
\n" ); document.write( " d. none of the above.
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Algebra.Com's Answer #38890 by rcmcc(152)\"\" \"About 
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To calculate profit you must find the ratio of the costs.\r
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\n" ); document.write( "\n" ); document.write( "$2.25-$0.75=$1.50 profit\r
\n" ); document.write( "\n" ); document.write( "By calculating the ratio (Profit/Cost) then multiplying it by 100 to find percent. The gross profit as a percent is\r
\n" ); document.write( "\n" ); document.write( "(1.5/0.75)=2
\n" ); document.write( "2x100=200%\r
\n" ); document.write( "\n" ); document.write( "the profit on the golf balls is 200% so the answer is (d.)
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