Mathematics
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OpenStudy (moongazer):
What percent profit was made on a pair of pants that was bough for P600 and sold for P630 ?
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OpenStudy (anonymous):
30/600 is 1/20th or 5%
OpenStudy (moongazer):
why?
OpenStudy (moongazer):
please give me another exaample and let me solve it
OpenStudy (moongazer):
after you explain
:)
OpenStudy (anonymous):
Cost price 100, profit 10
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OpenStudy (moongazer):
?
OpenStudy (anonymous):
Cost price 100, profit 10---%profit?
OpenStudy (anonymous):
What does "percent" mean?
OpenStudy (anonymous):
It means "per 100" so if u make 10 per 100 u have made 10%
OpenStudy (anonymous):
Take your original question, I said
30/600 is 1/20th or 5%
I can also put 30/600 = 5/100 = 5 percent (5%)
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OpenStudy (anonymous):
5% is another way of writing 5/100.
OpenStudy (moongazer):
?
OpenStudy (moongazer):
another example? and i will answer
OpenStudy (anonymous):
200 cost, 18 profit...
OpenStudy (moongazer):
?
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OpenStudy (moongazer):
:) give me another example then i will answer for practice
OpenStudy (anonymous):
200 cost, 18 profit
OpenStudy (anonymous):
% profit?
OpenStudy (moongazer):
?
OpenStudy (moongazer):
what is the question?
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OpenStudy (moongazer):
?
OpenStudy (moongazer):
ok
OpenStudy (anonymous):
Come on, u can do that in your head..
OpenStudy (moongazer):
?
OpenStudy (moongazer):
9%
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OpenStudy (moongazer):
?
OpenStudy (moongazer):
right?
OpenStudy (moongazer):
?
OpenStudy (moongazer):
am i correct?
OpenStudy (anonymous):
Yup.
250, 25 profit...
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OpenStudy (moongazer):
?
OpenStudy (moongazer):
10%
OpenStudy (anonymous):
Same, %profit?
OpenStudy (moongazer):
?
OpenStudy (moongazer):
could you ask in a sentence manner?
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OpenStudy (anonymous):
Correct.
If u made 7% profit and it was 40$, what was the cost price?
OpenStudy (moongazer):
?
OpenStudy (moongazer):
42.8?
OpenStudy (moongazer):
am i right?
OpenStudy (anonymous):
The cost price is 100%