Math in the Workplace - Numbers & Operations
ALBERTSON'S INC.
Grocery Retailer
Assistant Produce Manager
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Job Description: Oversee the daily operation of
the produce department for Albertsons grocery store. |
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Problem:
Find the percent of gross profit on sales of $100,000. The cost of the goods sold is $75,000.
 ALBERTSON'S INC.
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Solution:
Subtract the cost of the goods sold from the sales and divide the sum by the sales.
| Sales |
100,000 |
| Cost |
- 75,000 |
|
25,000 |
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25,000
100,000 |
= .25 |
Your percent of gross profit would be 25% on the items you sold.