SOLUTION: If I buy a barrel of beer for 130 and sell it for 190 what is my gross profit percentage on a barrel

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Question 943239: If I buy a barrel of beer for 130 and sell it for 190 what is my gross profit percentage on a barrel
Answer by Theo(13342) About Me  (Show Source):
You can put this solution on YOUR website!
190/130 = 1.461538462

subtract 1 from that and multiply it by 100 and you get:

gross profit = 46.1538462 percent.

round to 2 decimal places and you get:

gross profit = 46.15%