SOLUTION: if a profit made on a packet of tea is 4 and the cost price of the packet is 20, then how much is the profit percentage?

Algebra ->  Percentage-and-ratio-word-problems -> SOLUTION: if a profit made on a packet of tea is 4 and the cost price of the packet is 20, then how much is the profit percentage?      Log On


   

Question 765617: if a profit made on a packet of tea is 4 and the cost price of the packet is 20, then how much is the profit percentage?
Answer by Cromlix(4381) About Me  (Show Source):
You can put this solution on YOUR website!
4/20 * 100 = 20%
This is the profit percentage.
Hope this helps.
:-)