Directions: Study the following graph to answer these questions. Index of sales, cost, and profit 120 Profit = Sales - Cost - Tax Gross Profit = Sales - Cost
What is the correct answer?
4
What was the difference between the average sales index and the average cost index?
A. 7.3
B. 7.7
C. 7.5
D. 7.9
Correct Answer :
C. 7.5
average sales index average cost index = 147.27 139.73 = 7.54