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A Buyer Bought Merchandise for $2900

question 150

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A buyer bought merchandise for $2900. If he sells the merchandise at 66 2/3% above cost, how much gross profit does he make?


Definitions:

Plate Tectonics

A scientific theory describing the large-scale motion of seven large plates and the movements of a larger number of smaller plates of Earth's lithosphere, which has caused the geographical features we see today.

Rock Layers

Horizontal or nearly horizontal strata of sedimentary rock, each distinct from the layers above and below it, illustrating Earth's geological history.

Stable Isotope

Non-radioactive forms of atoms that have the same number of protons but a different number of neutrons, used in various scientific applications to study and trace processes.

Radiometric Dating

A method for determining the age of an object containing organic material by measuring the levels of various isotopes within it.

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