SOLUTION: A dealer buys 50 apples for $40 and sells them for $1.20 each .calculate his percentage profit

Question 1140270: A dealer buys 50 apples for $40 and sells them for $1.20 each .calculate his percentage profit

Answer by ikleyn(52787) (Show Source): You can put this solution on YOUR website!
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His percentage profit is equal to   = 50%.


The steps:  a) calculate the profit;  b) relate it to the cost;  c) multiply this ratio by 100 to get a percentage.

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