Question 1730: need 2 know formula 4 working out percentage on sale ie: $150 is the cost, i won't to make a profit of 25 % on the sale of the item Found 2 solutions by Valkres, longjonsilver:Answer by Valkres(2) (Show Source):
You can put this solution on YOUR website! You want to make a 25 per cent profit..."PER CENT"..."per 100".."out of 100" ie 25 out of 100 is
so, in English..what is 25% of 150?
in maths... what is ? Answer is 37.5.
So, this is the profit. So to make this profit, you would have to sell the item for 150+37.50 = 187.50.
Doing all this is condensed into the 1 line by the other tutor...but here is the explanation.
Try figuring out how to get to that one line answer from what i told you.
cheers
Jon.