Question

Keri is making a doll clothes for a holiday craft show. The wholesale cost of the materials for one outfit is $9.38. If she sells an outfit for $15, what is the nearest percent?

Answer 1

Answer:

60%

Step-by-step explanation:

If I get you right, you're asking for the percentage gain to the nearest percentage, right?

Now to do this, we need to get the amount of profit she made. That's quite easy, we only need to subtract the cost price from the selling price. And that equals $15 - $9.38 that equals $5.62.

Now, we divide this value by the cost price and multiply by 100% to get the percentage gain.

I.e 5.62/9.38 × 100%.

That gives 59.9% , which equals 60% when approximated to the nearest percentage.