A man bought a mobile phone for $800 and sold it for $1000. What was his profit as a percentage of the cost price

Mathematics

2 answers:

Butoxors [25]1 year ago

8 0

Answer:

25%

Step-by-step explanation:

Profit = Selling price - Cost price

= 1000 - 800

= $200

%Profit = Profit

_____. × 100. ( profit over cost price times 100)

Cost Price

= 200

____. × 100%

800

= 25%

bija089 [108]1 year ago

5 0

Answer:

1000/800 = 125% profit

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