anonymous
  • anonymous
A shoe sells for $40 and costs the store $25. Find the percent of profit on the cost
Mathematics
schrodinger
  • schrodinger
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slaaibak
  • slaaibak
Hint: Profit = Selling price - Cost price
anonymous
  • anonymous
SO the cost 25 & sold 40 --- So profit 40-25 =15 So to find percent its (15/25)/*100 = -----
anonymous
  • anonymous
which is 60%

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anonymous
  • anonymous
i got 37.5
anonymous
  • anonymous
it can't be , that is if the question was percentage of what you sold
anonymous
  • anonymous
or is it 62.5
anonymous
  • anonymous
25/40 gives me 62.5 minus 100 is 37.5 is how i got it
anonymous
  • anonymous
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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