Question A weaver bought a bundle of grass of 50.00 dollars from which he made 8 mats if each mats was sold for 15.00 dollars find the percentage profit

The percentage profit is 140% What is percentage? Percentage can be described as the expression of a number in hundredth. The formula for calculating percentage profit is profit/cost price × 100 cost price= $50selling price= $15number of mats produced= 8 selling price of the mat= 15 × 8= 120 Profit= selling price-cost price = 120-50$70 Therefore the percentage profit can be calculated as follows = 70/50 × 100= 1.4 ×100= 140 Thus, the percentage profit is 140% Please see the link below for more informationhttps://brainly.com/question/27867428 #SPJ1 Reply

percentage profit is 140%What is

percentage?Percentagecan be described as the expression of a number in hundredth.The formula for calculating

percentage profitiscost price= $50

selling price= $15

number of mats produced= 8

= 120

Profit= selling price-cost price$70

Therefore the

percentage profitcan be calculated as follows= 70/50 × 100

= 1.4 ×100

= 140

Thus, the

percentage profit is 140%Please see the link below for more information

https://brainly.com/question/27867428