Mathematics for IGCSE & O level - Percentages (Section 4 - No. 35)
Bob's Budget Bargains buys washing machines for $270 and sells them for $330. What is their percentage profit?
22.2%
20%
25%
23%
Explanation
Profit = $330 - $270 = $60. Percentage profit = ($60/$270) * 100 = 22.2%
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