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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?

Respuesta :

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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