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 percent

Explanation:

Answer 2

the profit percentage increase is, 15%

Explanation:

As per the given statement:

On Easter sale;

Profit of shop makes in march is, 2750 pounds.

and

Profit of shop makes in April is, 3162.50 pounds.

We have to calculate the percentage increase.

Calculate the Percentage increase:

• First do the difference (increase) between the two numbers you are comparing.
• then, we divide the increase in number by the original number and multiply the answer by 100.

Difference in profit increase from March to April =
`3162.50 - 2750 = 412.50` pounds.

Now, by definition of percentage increase;

Profit percentage increase =
`(412.50)/(2750) * 100`

Simplify:

Profit Percentage increase is, 15%