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BuffaloBill

  • 3 years ago

A shoe sells for $40 and costs the store $25. Find the percent of profit on the cost

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  1. slaaibak
    • 3 years ago
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    Hint: Profit = Selling price - Cost price

  2. samitheman99
    • 3 years ago
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    SO the cost 25 & sold 40 --- So profit 40-25 =15 So to find percent its (15/25)/*100 = -----

  3. samitheman99
    • 3 years ago
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    which is 60%

  4. BuffaloBill
    • 3 years ago
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    i got 37.5

  5. samitheman99
    • 3 years ago
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    it can't be , that is if the question was percentage of what you sold

  6. BuffaloBill
    • 3 years ago
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    or is it 62.5

  7. BuffaloBill
    • 3 years ago
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    25/40 gives me 62.5 minus 100 is 37.5 is how i got it

  8. samitheman99
    • 3 years ago
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    the question is percentage of what it cost so we divide the profit with the cost & multiply by 100 ---- sure answer

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