Question

A shop makes a profit of £2750 in March.

It has an Easter sale and the profit for April is £3162.50
Work out the profit percentage increase.

Answer 1

15% increase

Explanation:

2750... 10% of that is 275, add 275 to 2750 is 3025. 1% of 2750 is 27.50, you times that by 5, which is 137.50 and add that to 3025 giving you 3162.50, add the 10% with the 5% gives you 15%, that's the increase.