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2 years ago

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

Mathematics

2 answers:

frozen [14]2 years ago

5 0

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

bogdanovich [222]2 years ago

4 0

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

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

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