answersLogoWhite

0


Best Answer

profit/cost=profit margin

(192-160)/160= .2 = 20%

User Avatar

Wiki User

13y ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: A dealer bought a bicycle for 160 and sold it for 192 what was her percentage profit?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

What is the percentage profit made on an article bought for and sold for 8?

0% profit


A book is bought for R50 and sold for R80. What is the percentage profit?

Profit Formula Selling Price - Cost Price Profit Percentage Formula Profit Percentage = Profit/Cost Price*100 Selling Price80-Cost Price50=Profit30 30/50*100%=60%


What does drug dealing have to do with math?

The dealer has to make money if he sells it for the same price he bought it then there is no profit. At the same time the dealer has to sell it at a price to where the buyers do not feel ripped off.


Car dealer processing fee?

It's pure profit for the dealer and is negotiable. Obviously, this depends on the dealer and your buying situation. But it is always pure profit.


Buying price is 5.25 and selling price is 6.00 so what is profit percentage?

Approximately 14.3% To get the percentage profit per item (ignoring overhead such as rent, taxes, salary, etc--none of which are provided in the question), you divide the amount of profit, 6.00-5.25=0.75 by the cost (in this case the price you bought for to get: percent profit=0.75/5.25=1/7, or about 0.143=14.3%


How do you calculate Selling Price if you know Cost price and Profit percentage?

profit can be calculated from profit percentage and cost price.profit percentage=profit*100/cost price.profit=selling price-cost price


A vendor bought a 100 articles for 600 and sell each of them for 7.50 what is the percentage profit?

100 articles for 600 means each article for 6.00 Cost = 6.00, Selling price = 7.50 so profit = 1.50 1.50 profit on 6.00 outlay = 100*1.50/6.00 = 25% profit.


What does the net profit percentage show?

net profit percentage shows how much money is left, after paying expences from running the business, as a percentage.


How do you find the profit and loss in percentage?

The answer depends on percentage of WHAT!


What is the formula for converting profit percent to profit?

Profit = (profit percentage / 100) x gross income


I have net profit dollars how do you calculate net profit percntage?

(Net profit/Net Revenue) * 100 = Net Profit Percentage Ex: Net Revenue = 10,000 USD Expenditure = 7500 USD Profit = 2500 USD Profit Percentage = 2500/10000 * 100 = 25%


What is the percentage of profit if I pay .25 and sell for 50.00?

It is 19900% profit!