Jerry's Clothing had total sales of $65,000 for June. Merchandise costs were $37,000. Other expenses were $12,000.   In June, what percent of Jerry's man’s Clothing's gross income was profit ?  (Numbers are rounded off to closest %)
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1 Answer

kost=37,000+12,000$=49,000$

profit=65,000-49,000=16,000$

% profit=16,000/37,000=16/37=0.4324324324...

=43.2%
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