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Louise sold some chickens on the internet for £94.50
She calculated that she made a profit of 26% on the cost price of the chickens.
However, when doing her calculation she forgot that she spent £3.50 on the postage for the chickens.
Work out her correct percentage profit.

2007-10-29 04:02:37 · 2 answers · asked by jimquan 1 in Science & Mathematics Mathematics

2 answers

Incorrect cost = 94.50/1.26 = 75.00

Correct cost = 75.00 + 3.50 = 78.50

Correct profit = (94.50 - 78.50)/78.50 = 20.4%

2007-10-29 04:09:14 · answer #1 · answered by gebobs 6 · 0 0

21.3%

do you want how i got to that?

2007-10-29 11:08:06 · answer #2 · answered by tedpad 1 · 0 0

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