SOLUTION: A shop sells compact disks for $16 per piece. If the disks cost $10 to the shop owner how much profit percent does the shop owner earn?

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Question 250760: A shop sells compact disks for $16 per piece. If the disks cost $10 to the shop owner how much profit percent does the shop owner earn?
Answer by dabanfield(803) About Me  (Show Source):
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A shop sells compact disks for $16 per piece. If the disks cost $10 to the shop owner how much profit percent does the shop owner earn?
Since the shop owner earns $6 on $10 the percentage profit is 6/10 = .6 or 60%