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Joe brought 200 yards at $30 and sold them at $40. Find the profit percent
 Oct 19, 2015
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Well.....the fact that he bought 200 yards is irrelevant in this problem.

 

BUT the amount he paid for them IS relevant.....

He paid 30

He sold for 40       sooooooo his profit was ?

 

 

 

 

Profit   =   sold - paid  =  40 - 30 = 10

 

DO you know how to get a percentage now?

 

 

 

percentage profit     is    profit/paid x 100

 

 

 

=10/30  x 100  33.33%

 Oct 19, 2015

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