maths problem

A shop keeper buys a box of 48 toilet rolls for £18. He sells them for 52 pence each. Find his profit as a percentage of the cost price

Reply 1

wispyweetabix

16

Bought 48 for £18
Sells 48 for £0.52 -> 0.52x48= £24.96

24.96-18=£6.96

Percentage Profit = (profit/cost price) x 100%

(6.96/18)x100= 38.6666666667

3.67% (6 recurring)

Im not sure if it's correct but its how I would do it

Hope this helped? (:

(edited 6 years ago)

Reply 2

adii?

OP

6

Original post by raqeen

Bought 48 for £18
Sells 48 for £0.52 -> 0.52x48= £24.96

24.96-18=£6.96

Percentage Profit = (profit/cost price) x 100%

(6.96/18)x100= 38.6666666667

3.67% (6 recurring)

Im not sure if it's correct but its how would do it

Hope this helped? (:

thankyou so much

Reply 3

wispyweetabix

16

Original post by adii?

thankyou so much

no problemo c:

Reply 4

Muttley79

20

Original post by raqeen

Bought 48 for £18
Sells 48 for £0.52 -]

PLease read the Maths forum rules - we do not give answers.

Reply 5

Sceptical_John

16

Original post by raqeen

Bought 48 for £18
Sells 48 for £0.52 -> 0.52x48= £24.96

24.96-18=£6.96

Percentage Profit = (profit/cost price) x 100%

(6.96/18)x100= 38.6666666667

3.67% (6 recurring)

Im not sure if it's correct but its how I would do it

Hope this helped? (:

Did you miss the 8 out in your final answer?