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Mathematics 13 Online
OpenStudy (anonymous):

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

OpenStudy (slaaibak):

Hint: Profit = Selling price - Cost price

OpenStudy (anonymous):

SO the cost 25 & sold 40 --- So profit 40-25 =15 So to find percent its (15/25)/*100 = -----

OpenStudy (anonymous):

which is 60%

OpenStudy (anonymous):

i got 37.5

OpenStudy (anonymous):

it can't be , that is if the question was percentage of what you sold

OpenStudy (anonymous):

or is it 62.5

OpenStudy (anonymous):

25/40 gives me 62.5 minus 100 is 37.5 is how i got it

OpenStudy (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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