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27 December, 05:04

Mr Steve bought cans of soft drink for $0.55 each and sold them to the year 8 students for $2.50 each from a classroom. Calculate the percentage profit Mr Steve made.

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  1. 27 December, 05:42
    0
    350% Profit

    Step-by-step explanation:

    $0.55 each

    $2.50 each

    $2.50 - 0.55 =

    $1.95

    Find the profit gained

    -

    $1.95 / 0.55 =

    3.54545455

    Divide the profit gained with the selling price

    -

    ≈ $3.50 x 100

    =

    350% Profit

    Multiply it buy 100 to find percentage!
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