Fred Buys a signed shirt for £25 and sells it for £40. What is the percentage profit? explaination please?

asked Dec 11, 2017 147k views

5 votes

by Gomad

6.9k points

Please log in or register to add a comment.

2 votes

profit % =propfit\cost x 100
profit=40-25=15
15\25 x 100=60%

Evya answered Dec 13, 2017

by Evya

7.6k points

5 votes

percent increase : (new number - original number) / (original number)....x 100

(40 - 25) / 25 = 15/25 reduces to 3/5.....x 100 = 60% profit

Leifparker answered Dec 17, 2017

6.7k points

Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

7.8m questions

10.4m answers