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A retailer buys a watch for $150 and sells it for $180. What is the profit percentage?

Practice Questions

1 question
Q1
A retailer buys a watch for $150 and sells it for $180. What is the profit percentage?
  1. 15%
  2. 20%
  3. 25%
  4. 30%

Questions & Step-by-step Solutions

1 item
Q
Q: A retailer buys a watch for $150 and sells it for $180. What is the profit percentage?
Solution: Profit = Selling Price - Cost Price = 180 - 150 = 30. Profit Percentage = (30/150) * 100 = 20%.
Steps: 0

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