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1 March, 21:34

Find the net profit on an item bought for $50 with a $6.30 overhead and sold for $75

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  1. 1 March, 22:14
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    the net profit is $18.7

    Step-by-step explanation:

    we are given

    buying price = $50

    and over head price = $6.30

    now, we can find total price

    total price = buying price + overhead price

    total price = 50+6.30

    total price = 56.30

    now, we are given selling price

    selling price = $75

    Profit = selling price - buying price

    we get

    profit = 75-56.30

    profit=$18.7

    So, the net profit is $18.7
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