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31 October, 18:24

The selling price of a television is $1,600 and the cost to the retailer is $225. what is the retailer's gross profit from the sale of the television?

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  1. 31 October, 18:46
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    Find the gross profit fro the sale of the television:

    Gross profit = Sales - Cost of goods sold

    Gross profit = $1,600 - $225

    Gross profit = $1,375

    The gross profit of a sale is the profit from sales minus the cost it took to produce/complete the item or service.
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