Question

5. A tennis racket cost a shopkeeper $40 and he
sold it for $65. What profit did he make?
Express the profit as a percentage of the cost
price.

Answer 1

Answer:

Profit= $25

Profir percent= 62.5%

Step-by-step explanation:

Profit= Selling Price-Cost Price

        =65-40

        =25

Profit Percent=

(25/40) * 100 %

=62.5%

Answer 2

Answer:

cp=$40

sp=$65

profit=sp-cp

        =65-40=>$25

profit percentage=25/40*100

=62.5%