SOLUTION: A store owner bought bath towels at $80 each and sold them at $120 each. What percentage profit did he make

Algebra ->  Percentage-and-ratio-word-problems -> SOLUTION: A store owner bought bath towels at $80 each and sold them at $120 each. What percentage profit did he make       Log On


   

Question 982946: A store owner bought bath towels at $80 each and sold them at $120 each. What percentage profit did he make
Answer by Cromlix(4381) About Me  (Show Source):
You can put this solution on YOUR website!
Hi there,
$120 - $80 = $40
$40/$80 x 100 = 50%
Store owner made 50% profit
Hope this helps:-)