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I NEED HELP PLEASEE
A warehouse buys televisions for a cost price of $640 each.
The warehouse then sells the televisions for $960 each.
Find the profit on each television as a percentage of its cost price.

choose one:

66 2/10%
50%
40%
33 1/3%
20%

Sagot :

Answer is 50%
640$ 100%
960$ X%
X=960•100/640
X=150%
150-100=50%

The profit on each television as a percentage of its cost price is 50%.

Given that,

  • The cost price of the television should be $640 each.
  • The sale price of the television should be $960 each.

Now the profit percentage on each television of the cost price is:

[tex]= \frac{Sale\ price - cost\ price}{Cost\ price} \\\\= \frac{\$960 - \$640}{\$640}\\\\= \frac{\$320}{\$640}[/tex]

= 50%

Therefore we can conclude that the profit on each television as a percentage of its cost price is 50%.

Learn more about the profit here: brainly.com/question/9281343

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