Question

Rob buys a clock for $80 and sells it for $100. What is his profit percent? *

Answer 1

$\sf\small\underline\red{Answer:-}$

⟹Gain = SP - CP

⟹Gain = $100 - 80

⟹Gain = $20

Now, gain/cp × 100

⟹ 20/80 × 100

⟹ 25% Gain

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Answer 2

Answer:

$100 - $80 = $20 profit.

$20 profit  / $80 price he bought the clock for  = 0.25

0.25 * 100 = 25%

Step-by-step explanation:

He bought the clock for $80 and sold it for $100 which is a $20 profit.

Since the $20 profit is 1/4 of the price he bought it for ( 20 / 80) , the profit percent is equal to 25%.