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If you paid $24 for something and sold it for $98 what is your profit percentage 

Asked in Arts & Humanities - 548 days ago

Tags: If you paid $24 for something and sold it for $98 what is your profit percentage 

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Kathy
Kathy
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Here Cost Price ( CP ) = 24
Selling Price (SP ) = 98
Profit (P) = 98-24= 74

Profit % = ( percentage of what it cost you then it is ) = 74 / 24 x 100 = 7400 / 24 = 308.33%

Profit % = ( percentage of what you sold it for then it is ) = 74 / 98 x 100 = 7400 / 98 = 75.51 %

Answered by supercops at Nov 18, 2010 04:57 PM

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supercops
supercops

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