Ratios & Percentageshard
0:00.0
A retailer buys items for per unit. Items are sold at a 50% markup, but 20% of sold items are returned for a 75% refund of the selling price. What is the average profit per item?
A retailer buys items for per unit. Items are sold at a 50% markup, but 20% of sold items are returned for a 75% refund of the selling price. What is the average profit per item?