Problema Solution
Juan's Tacos invested $575 for supplies to sell at a soccer game. His total receipts for the venue was $1,300. What was his profit margin for the event?
Answer provided by our tutors
(1300 - 575)/1300 = 0.5577 or 55.77%.
Juan's Tacos invested $575 for supplies to sell at a soccer game. His total receipts for the venue was $1,300. What was his profit margin for the event?
(1300 - 575)/1300 = 0.5577 or 55.77%.