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The manufacturer profit is 146.14 The store price is 204.60 What is the profit in percentage

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Answer to a math question The manufacturer profit is 146.14 The store price is 204.60 What is the profit in percentage

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Birdie
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98 Answers
Solution:
1. Given:
- Manufacturer's Profit: USD 146.14
- Store Price: USD 204.60

2. Calculate the profit percentage using the formula:
- Profit Percentage = \left( \frac{\text{Profit}}{\text{Cost Price}} \right) \times 100 \%

3. The store price is taken as the cost price in this context. Thus, the profit percentage is:
- Profit Percentage = \left( \frac{146.14}{204.60} \right) \times 100 \%

4. Simplify and calculate the profit percentage:
- Profit Percentage = \left( 0.714 \right) \times 100 \%
- Profit Percentage = 71.46 \%

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