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- │ HOW TO FIGURE GROSS PROFITS │
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- │ Experience has proven that few businessmen have learned to properly │
- │ figure profit. Remember that 20 percent added to cost does not yield 20 │
- │ percent profit. Profit is properly figured on sales, and to make a 20 │
- │ percent profit you must add 25 percent to the cost. Keep the following │
- │ before you and you will find it worth many $$$ in the course of a year. │
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- │ 5% + cost is 4 3/4% Profit 50% + cost is 33 1/3% Profit │
- │ 9% + cost is 8 % Profit 55% + cost is 35 1/2% Profit │
- │ 10% + cost is 9 % Profit 60% + cost is 37 1/2% Profit │
- │ 15% + cost is 13 % Profit 65% + cost is 39 1/2% Profit │
- │ 16% + cost is 14 1/4% Profit 66 2/3% + cost is 40 % Profit │
- │ 20% + cost is 16 2/3% Profit 70% + cost is 41 % Profit │
- │ 25% + cost is 20 % Profit 75% + cost is 42 2/3% Profit │
- │ 30% + cost is 23 % Profit 80% + cost is 44 1/2% Profit │
- │ 33% + cost is 25 % Profit 85% + cost is 46 % Profit │
- │ 35% + cost is 26 % Profit 90% + cost is 47 1/2% Profit │
- │ 40% + cost is 28 % Profit 100% + cost is 50 % Profit │
- │ 45% + cost is 31 % Profit │
- │ Remember! Percent profit shown is percent profit on selling price. │
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