Mathematics: A boy bought an article for £9. He spent £4 repairing it and sold it for £18. Calculate the gain percent on his total costs. (to nearest %) Help

A boy bought an article for £9. He spent £4 repairing

taylor5384

30.06.2021

Profit % = 39%

Step-by-step explanation:

Cost price of the article = 9

Price for repairing = 4

Therefore, Total cost of the article = 9 + 4 = 13

Selling price of the article = 18

Profit = 18 - 13 = 5

Hence,

$Profit \% = \frac{Profit}{Cost \ price} \times 100\\\\$

$= \frac{5}{13} \times 100\\\\=38.46 \%\\\\=38.5 \%$

Profit percent (to the nearest %) = 39%

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hidais

11.12.2021

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