Ask a New Question
Search
Asked by
mia
An item was bought for $40 and sold for $60. Find the percentage profit on the cost price.
Answers
Answers
Answered by
R_scott
[(60 - 40) / 40] * 100% = ?
Answered by
Zahra
I'm not sure but it looks like you got it off Mathletics.
Answered by
Hannah
so
profit percentage = p/cp x100
profit = sp-cp.
cp=40
sp=60
p=20
20/40 x 100
that will give you 50%
Related Questions
Related
If I bought an item for $80 on which there was a 30% markup, what is the formula to determine the pr...
if i bought a item for 288 an the sale taxes was 6% what will my total be
Jo bought an item for 45¢, and paid with a $1.00 bill. How many different ways could she get her 55¢...
A retailer bought an item for RM40 less 10% and 5%.If the retailer intends to make a gross profit of...
Mandy bought an item for %0D%0Ax%0D%0A%0D%0A dollars, plus %0D%0A8%0D%0A%%0D%0A8%0D%0A%%0D%0A tax. S...
So I recently bought this item Roll over image to zoom in Unicozin Dimmable Ceilin...
Kayla bought the following items: a $30 T-shirt discounted by 10% and a $60 pair of jeans discounted...