Math CentralQuandaries & Queries


Question from joyann, a student:

a Raleigh road runner 16" unisex bike which cost $892 was sold for $1052.56 calculate
A. the profit made on the bike
B. the percentage profit


The profit is the difference between the selling price and the cost. To find the fraction of the selling price that is profit divide the profit by the selling price. To express this as a percentage divide it by 100.


About Math Central


Math Central is supported by the University of Regina and The Pacific Institute for the Mathematical Sciences.
Quandaries & Queries page Home page University of Regina PIMS