Answer:
0.1 or 10%
Step-by-step explanation:
Cost: 500
Sell: 550
550-500 = 50
50/500 = 0.1 OR 10%
Therefore, the percentage profit for each sale is 10% of the original wholesale price.
Answer:
10%
Step-by-step explanation:
profit=buyingpirce _selling price
550_500=50
%profit=profit\buyingprice×100
50\500×100=10%
