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pair if trousers for 75 cedis and sold at 80 cedis. calculate the percentage profit
Question
pair if trousers for 75 cedis and sold at 80 cedis. calculate the percentage profit
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Mathematics
4 years
2021-08-08T17:11:19+00:00
2021-08-08T17:11:19+00:00 1 Answers
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Answer:
6.7%
Step-by-step explanation:
cost: 75 cedis
sale price: 80 cedis
amount of profit: 80 cedis – 75 cedis = 5 cedis
Now we find what percent 5 cedis is of 75 cedis.
percent = part/whole * 100%
percent = 5/75 * 100%
percent = 0.06666 * 100%
percent = 6.6666%
percent = 6.7%