Mrs. Jones bought stock valued at $90 a share and sold it for $120. What was the percent of profit? - mrs stock feeones
120 / 90 = 12 / 9 = 4 / 3 = 1.3333 ....
1.3333-1 = 0.3333
Answer = + 33.33%
Mrs. Jones bought stock valued at $90 a share and sold it for $120. What was the percent of profit? - mrs stock feeones
120 / 90 = 12 / 9 = 4 / 3 = 1.3333 ....
1.3333-1 = 0.3333
Answer = + 33.33%
5 comments:
Profit = $ 120 - $ 90 = $ 30
Percentage = 30/90 x 100% = 33 1 / 3%
The result was
$ 120 - $ 90 = $ 30
Share of profit --
$ 30 / $ 90 = 33 or 33%
The result was
$ 120 - $ 90 = $ 30
Share of profit --
$ 30 / $ 90 = 33 or 33%
25%
33.33333333%
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