Jar man's Clothing had total sales of $65,000 for July. Merchandise costs were $37,000. Other expenses were $12,000.   In July, what percent of Jar man’s Clothing's gross income was profit ?  (Numbers are rounded off to closest %)
asked May 12, 2015 in Word Problem Answers by anonymous

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2 Answers

take in=65,000$



18,000/65,000=0.0276923076=27.69% profit

or bout 28%
answered May 12, 2015 by muneepenee

Given total sales = 65,000$

Merchandise costs + expenses cost = 37,000+12,000=47,000$


18,000/65,000=0.0276923076=27.69% profit

or bout 28%

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answered May 13, 2015 by John Marsh Level 8 User (30,400 points)

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