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Mathematics, 03.06.2021 08:20 corrineikerd

Amerchant paid $3 each for golfing hats that he sold for $4 each. He therefore earned a gross profit of $1 per hat. By what per cent was the cost price increased to provide for this
profit?
20%
30%
• 331%
300%
none of these
What will it be?

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Answers: 2

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Amerchant paid $3 each for golfing hats that he sold for $4 each. He therefore earned a gross profi...

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