A shop sells compact disks for $18.00 per piece. If each disk cost $10.00 to the shop owner how much profit
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A shop sells compact disks for $18.00 per piece. If each disk cost $10.00 to the shop owner how much profit

[From: ] [author: ] [Date: 11-05-06] [Hit: ]
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percent does the shop owner earn?

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The margin on each disk is 18.00 - 10.00 = $8.00 => 8/10 = 80% margin
But that is not the same as profit since it doesn't consider all the costs of the sale.

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Profit = 80%

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80%
1
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