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Basically, percent profit is:

(selling price - cost) / cost = decimal equivalent of percent profit

Ex. If selling price was 4 dollars, and the cost was only 2 dollar, the percent profit is:

( 4 - 2 ) / 2 = 2/2 = 1.0

To convert the resulting decimal equivalent of the percent to an indicated percentage then multiply the value (here 1.0) by 100, or move the decimal point two places rightward.

1.0 = 100% The percentage profit was 100%

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โˆ™ 2011-09-12 23:17:25
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Q: How do you work out percentage profit?
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