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2 Nik owns a stationery shop.

She bought 72 pencils for a total cost of £4.68

Nik sells all 72 pencils for 15p each.

Work out Nik's percentage profit.

Give your answer correct to 1 decimal place.

Respuesta :

Answer:

Nik's percentage profit was of 130.8%.

Step-by-step explanation:

Percentage profit:

Profit multiplied by 100% and divided by the price she bought.

Bought:

72 pencils for a total cost of £4.68

Sold:

72 pencils for £0.15 each, so:

72*0.15 = 10.8.

Profit of:

10.8 - 4.68 = 6.12

Percentage profit:

6.12*100%/4.68 = 130.8

Nik's percentage profit was of 130.8%.

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