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9 Cards in this Set
- Front
- Back
Find Gross profit
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Gross profit = selling price - cost
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Find Net profit
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Net profit = selling price - (cost + overhead)
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Find Loss
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Loss = (cost + overhead) - selling price
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Find Percent of profit based on cost
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Percent of profit = net profit divided by cost
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Find Percent of loss based on cost
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Percent of loss = loss divided by cost
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Find Percent of profit based on selling price
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Percent of profit = net profit divided by selling price
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Find Percent of loss based on selling price
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Percent of loss = net profit divided by selling price
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When converting measures: large to small, __________.
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multiply
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When converting measures: small to large, ___________.
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divide
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