Answer:
profit as a percentage= 21.74%
Step-by-step explanation:
Giving the following information:
Purchase price= $180,000
Selling price= $230,000
<u>To calculate the profit as a percentage, we need to use the following formula:</u>
profit as a percentage= (profit/selling price)*100
profit as a percentage= 50,000/230,000*100
profit as a percentage= 21.74%
1.02 should be the answer :D
If you have 12 dollars and you buy 3 paper back books, they each cost the same amount. So you would divide 12 dollars among 3 books to get the same answer for all of them. 12 divided by 3 equals the answer.
Then if you have 28 dollars and you buy 7 paper back books, they all cost the same amount. So that would be 28 divided by 7, equals the same answer.
