Question

A retailer buys a watch of $135. His overhead expenses are $5. If he sells watch for $154, determine his profit percent.

Answer 1

profit percentage=difference in value/original value×100

the answer accordingly is 9.09

Answer 2

Hey buddy,:::
Its your answer^^^^^___________^^^^
✔profit = 154-(135+5) = 154 - 140 = 14.
Therefore, profit percent
= profit/cost price ×100
= 14/154 ×100
= 9 pecent
Dear:) hope its helps ☺☺