Answered

Join IDNLearn.com and start getting the answers you've been searching for. Ask your questions and get detailed, reliable answers from our community of experienced experts.

Gordon buys an antique teapot for £95.
He sells it on an Internet auction site for
£133.
Calculate his percentage profit.

Sagot :

so he got for £95 and sold it for £133, so  hmmmm the difference is simply £38.

if we take 95 to be the 100%, what is 38 off of it in percentage?

[tex]\begin{array}{ccll} \pounds&\%\\ \cline{1-2} 95 & 100\\ 38& x \end{array} \implies \cfrac{95}{38}=\cfrac{100}{x}\implies \cfrac{5}{2}=\cfrac{100}{x} \\\\\\ 5x=200\implies x=\cfrac{200}{5}\implies x=40[/tex]

We appreciate every question and answer you provide. Keep engaging and finding the best solutions. This community is the perfect place to learn and grow together. Thank you for visiting IDNLearn.com. We’re here to provide dependable answers, so visit us again soon.