Elementary Algebra

Published by Cengage Learning
ISBN 10: 1285194055
ISBN 13: 978-1-28519-405-9

Chapter 4 - Proportions, Percents, and Solving Inequalities - 4.3 - More on Percents and Problem Solving - Concept Quiz 4.3: 4

Answer

False

Work Step by Step

False. Profit may not only be stated as a percent of the selling price but also as a percent of the cost.
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