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 Question from Jack: If a product cost me $\$10.00$and I want a profit of 35% what is my sell price? How do I figure the sale price to make a 35% profit on the sale? Hi Jack, If you have a selling price of$\$P$ and your profit is 35% of $\$P$then your cast is 65% of$\$P.$ Thus

$0.65 \times \P = \10.00$

Dividing both sides by $0.65$ gives

$\P = \frac{\10.00}{0.65} = \15.38$

Penny

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