Question

Susan buys an antique for $120 and sells it for $216. Work out her percentage profit.

Answer 1

80%

Explanation:

The difference in the prices is $96. This means that Susan made a profit of $96. $96 is 80% of 210 which means that her profit was 80% higher than what she bought it for.

Answer 2

80%

Explanation:

Profit is 216-120 = 96

then divide by original price.

96/120 = 0.8 or 80%