Question

Pair if trousers for 75 cedis and sold at 80 cedis. calculate the percentage profit​

Answer 1

6.7%

Explanation:

cost: 75 cedis

sale price: 80 cedis

amount of profit: 80 cedis - 75 cedis = 5 cedis

Now we find what percent 5 cedis is of 75 cedis.

percent = part/whole * 100%

percent = 5/75 * 100%

percent = 0.06666 * 100%

percent = 6.6666%

percent = 6.7%