Answer:
$100 profit, $300 cost
Step-by-step explanation:
So 25% of $400 is $100, now we know she made $100 on the article
and the other $300 was the amount used to make the article i'm asuming
A woman sold an article for 400.00
made a profit of 25%
Cost price and profit is $100 profit, $300 cost.
There are four levels of profit or profit margins: gross profit, operating profit, pre-tax profit, and net profit.
These are reflected on a company's income statement in the following sequence: A company takes in sales revenue, then pays direct costs of the product of service.
Profit is a term that often describes the financial gain a business receives when revenue surpasses costs and expenses. For example, a child at a lemonade stand spends one quarter to create one cup of lemonade. She then sells the drink for $2. Her profit on the cup of lemonade amounts to $1.75.
To learn more about Profit, refer
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