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gayaneshka [121]
3 years ago
8

A school sport's team sold hats for $12 each hat. The team made a profit of $3 for each hat sold. What percent of the selling pr

ice of each hat is the profit?
Mathematics
1 answer:
disa [49]3 years ago
8 0

Answer: 25%

Step-by-step explanation:

Given: Selling price of each hat = $12

Profit on each hat = $3

To find: The percent of the selling price of each hat is the profit.

Ratio of profit to selling price = \dfrac3{12}=\dfrac14

The required percentage = Ratio of profit to selling price x 100

=\dfrac14\times100=25\%

The profit is 25% of the selling price.

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