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    Please could someone help Me with this question based on profit margins. Thank you so much

    The business lost money until 1997, when it made an operating profit of £125000 on sales of £1.25m
    Which one of the following is the operating profit margin in 1997

    100%
    1%
    10%
    10.10%

    please also Explain how you got the answer?
    Thank you
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    Sorry you've not had any responses about this. Are you sure you've posted in the right place? Here's a link to our subject forum which should help get you more responses if you post there.


    Just quoting in Amusing Elk so she can move the thread if needed :wizard:
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    (Original post by Amusing Elk)
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    I believe you divide the profit by the operating cost but someone might need to double check that


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Updated: January 25, 2017

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