Question

Tom bought a painting for £180 He sold the painting for £300 Work out the precentage profit give your answer in a Whole number

Answer 1

To calculate the percentage profit on the sale of the painting, we need to first find the difference between the selling price and the cost price. In this case, the selling price is £300 and the cost price is £180, so the difference is £300 - £180 = £120.

We can then divide this difference by the cost price and multiply by 100% to express the profit as a percentage. In this case, the profit is £120 / £180 * 100% = 66.67%.

Since we need to express the profit as a whole number, we can round this value to the nearest whole number, which gives us a profit of 67%. Therefore, Tom made a profit of 67% on the sale of the painting.

Answer 2

The answer to this is 54%