Question

a shop makes a profit of £2750 in March. It has an Easter sale and the profit for April is £3162.50 work out the profit percentage increase

Answer 1

Answer: 15%

Explanation:

1. You can calculate the difference in profit increase by subtracting the profit on march and the profir on april:

£
`3162.50-`£
`2750=`£
`412.5`

2. Now, to calculate the profit percentage of increase you must divide the difference in profit increase by the profit on march (£2750) and multiply by 100, as following:

%
`increase=(412.50)/(2750)*100=15`%