Question

$2,000 profit is what percent (%) of $6,000 sales price?*

Answer 1

Assuming that y = the percentage

y/100 x SAles price = Profit

y/100 x $ 6,000 = $ 2,000

y x $ 60 = $ 2,000

y = $ 2,000/$ 60

y = 33.3333 %

Answer 2

$2000 profit is 33.4% (rounded up) as profit of a total sales price of $6,000. This is answered simply by taking the Gross Value of 6000 and dividing it by the net value of 2000. This represents 1/3 of the entire Gross Value which converts into a decimal format of 33.33333 (repeating).