my answer isnt right: its supposed to be 84.62% but i got 54%
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Answer:
84.62% (approx)
Step-by-step explanation:
Cost price C= $260
Sale price S = $480
Profit P = S - C = $480 - $260 = $220
Profit as a percentage of cost price is:
( P / C ) × 100%
= ( 220 / 260 ) × 100%
= ( 11 / 13 ) × 100%
= ( 1100 / 13 ) %
≈ 84.62% (approx)
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