Mathematics for IGCSE & O level - Percentages (Section 4 - No. 17) | ExamPlay

Mathematics for IGCSE & O level - Percentages (Section 4 - No. 17)

A retailer buys a product for $40 and sells it for $60. What is their percentage profit?

20%

25%

33.33%

50%

Explanation

Profit = $20, ($20 / $40) * 100 = 50%

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