SOLUTION: A textbook costs a bookstore $45, and the store sells it for $60. Find the rate of profit based on the selling price.

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Question 648297: A textbook costs a bookstore $45, and the store sells it for $60. Find the rate of profit based on the selling price.
Answer by checkley79(3341) About Me  (Show Source):
You can put this solution on YOUR website!
(60-45)/45
15/45=.333 OR A 33% PROFIT.