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A retailer sold an appliance for $80. If the retailer's gross profit on the appliance was 25 percent of the retailer's..

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A retailer sold an appliance for $80. If the retailer's gross profit on the appliance was 25 percent of the retailer's..

by AAPL » Sat Jan 09, 2021 11:32 am

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A retailer sold an appliance fro $80. if the retailer's gross profit on the appliance was 25 percent of the retailer's cost for the appliance, how many dollars was the retailer's gross profit?

A. $10
B. $16
C. $20
D. $24
E. $25

OA B
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