FSOT: 500 Test Prep Study Questions

Category - Mathematics & Statistics

ABC Shoe Company reports annual sales of $4,500,000. If they make a net profit of $300,000, what is the rate of profit?
  1. 6.70%
  2. 14%
  3. 15%
  4. 33.30%
Explanation
Answer: A - 6.70%
Was this helpful? Upvote!
Login to contribute your own answer or details

Top questions

Related questions

Most popular on PracticeQuiz