cost: 60
revenue: 12*8 = 96
profit: 96-60=36
% profit: 36/60 = 60%
A market woman buys eggs at 60 a dozen and sells them at 8 each . Calculate her profit percent
2 answers
cost price = 60 units of money for 12 eggs
or
5 units per egg
selling price = 8 units per egg
profit = 3 units per egg
percent profit = 3/5 = .6 = 60%
or
5 units per egg
selling price = 8 units per egg
profit = 3 units per egg
percent profit = 3/5 = .6 = 60%