Question

What percent profit was made on a pair of pants that was bought for $600 and sold for $630?
solution plsss^_^

Answer 1

im working on it

Answer 2

600/30=20, so you make 20% profit

Answer 3

the answer is 5% but i don't know how it become 5

Answer 4

You make a 5% profit based on the amount of money you actually made.
Profit = Revenue - Cost
Profit = 630 - 600
Profit = $30.

Now you are looking for the percentage of the profit so you what percent of 600 is 30.
$30/600 = .05 which equals 5%