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13 August, 21:26

A plumbing supplies manager realises he has a profit margin of 15%. His total sales for a month came $23,000. How much of this is profit?

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  1. 13 August, 22:35
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    The percentage of profit margin that

    the plumbing supplies manager realizes that he has = 15%

    Total sales for the month made by the plumbing supplies manager = $23000

    Then

    Amount of profit that has been made

    by the plumbing sales manager = 15% * 23000 dollars

    = (15/100) * 23000 dollars

    = 15 * 230 dollars

    = 3450 dollars

    So the plumbing manager makes a profit of $3450 in the month as can be seen from the above deduction.
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