Brad buys a pack of 12 bottles of energy drink for £9.25. He then sells all 12 bottles for £1 each. Work out Brad's percentage profit. Give your answer correct 2 significant figures.
Worth LOADS of points
Good LUCK!
Answers
Answered by
48
cost price of brad = 9.25
selling price of each bottle = 1
selling price of 12 bottles = 1*12 = 12
formula
profit = selling price - cost price
p = 12-9.25
p = 2.75
profit = 2.5
profit percent = profit / cost price * 100
p= 2.5/9.25*100
p = 27.0
hence ,
profit percent = 27.0 percent
do you understand it
selling price of each bottle = 1
selling price of 12 bottles = 1*12 = 12
formula
profit = selling price - cost price
p = 12-9.25
p = 2.75
profit = 2.5
profit percent = profit / cost price * 100
p= 2.5/9.25*100
p = 27.0
hence ,
profit percent = 27.0 percent
do you understand it
RockingDK310:
its incorrect
same problem was explained to me in yesterday's class . i know that i didn't done wrong . the sum which you done is correct but formula is wrong
Answered by
18
here is ur answer 20.83%
Attachments:
to find profit percent the formula is profit/ cost price *100
profit/sp *100
think logically , if know sp and you don't know cp then how can you know whether it is profit or loss . profit and loss both depends on c.p only . so profit / c.p * 100
better go for google u will understand...........profit is sp-cp.........so there exist no such logic as yours.........
in youtube there are derivations too . you can check in that
buddy actual formula is profit ÷sp ×100
ok . Don't believe my words . which class you are
well done you got brainlest
thank you
not you
Similar questions
Social Sciences,
6 months ago
Chemistry,
6 months ago
Geography,
11 months ago
English,
11 months ago
English,
1 year ago