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A shop owner buys loaves of bread at $4800 and sells them for $5650 each. Find the percentage profit/ loss earned.
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A shop owner buys loaves of bread at $4800 and sells them for $5650 each. Find the percentage profit/ loss earned.

User Sankha Jayalath
by
7.9k points

1 Answer

1 vote

Answer:

17.708333% increase

Explanation:

To find the percent increase take the new price and subtract the old price

5650-4800

850

Divide by the old price

850/4800

0.177083333

Change to percent form

17.708333% increase

User Losbear
by
6.4k points
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