Question

Wreck-it-Ralph wrecked a car and Fix-it-Felix thought that he could fix. He bought the car for 65% of the original price of $7200. What did he pay for the car? He sold it for $ 7000. What is the profit/loss percentage?

Answer 1

He will have the Profit percent of 74.67%

Solution:
65% of original price:
$7200 \times 65 \div 100$
= 4580
He sold the car for $7000
So, 7000 - 4580
= 3420
So the profit percentage is,
$3420 \div 4580 \times 100$
= 74.67%