#Can anyone help with this challenging question. (please help)

6 messages · Page 1 of 1 (latest)

azure bay
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Your answer would've been valid if the question was "what is the gross profit of that company"
However you're asked how much higher compared to the standard 30% gross profit is the gross profit of that company
Which is why the answer is 35%-30%=5% higher (35% is 5% higher than 30%)

indigo hull
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TYSM!!!

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@azure bay is there a formula I need to know for this?

azure bay
fossil flicker
indigo hull
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.solved