document.write( "Question 1105085: If I purchase an item at wholesale cost $3.50 per item and it is sold at a retail value of $5.00 per item what is the gross profit percentage of the item \n" ); document.write( "

Algebra.Com's Answer #719820 by Theo(13342) $\"\"$ $\"About$

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5.00 - 3.50 = a gross profit of 1.50.
\n" ); document.write( "1.50 / 5.00 = a gross profit margin of .3 * 100 = 30%.
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