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Dernea Gardening sells wheelbarrows. A wheelbarrow costs $6.94 to produce and it sells for $42.50. The company employs two salespeople, each of whom earns a different commission per wheelbarrow sold, as shown in the table below.

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Answer:

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MrRoyal

The percentage profit on a wheelbarrow is 512%

What is percentage profit?

The percentage profit of an item is the amount of profit when the item is sold, expressed in terms of percentage

The selling price is given as:

SP = $42.50

The cost price is given as:

CP = $6.94

The percentage profit is then calculated as:

[tex]Profit = \frac{SP - CP}{CP} * 100\%[/tex]

This gives

P = (42.50 - 6.94)/6.94 * 100%

Evaluate the difference

P = 35.56/6.94 * 100%

Evaluate the quotient

P = 5.12 * 100%

Evaluate the product

P = 512%

Hence, the percentage profit on a wheelbarrow is 512%

Read more about percentage profit at:

https://brainly.com/question/19104371

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