RECOMMENDED!!A consumer products company reported a 25

  

Question: A consumer products company reported a 25 percent increase in sales from last year to this year. Sales last year were $200,000. This year, the company reported Cost of Goods Sold in the amount of $150,000. What was the gross profit percentage this year?Gross Profit PercentageNumerator –>Gross ProfitDenominator –>Sales = =