Question

A shop sells pairs of trainers for £68 each. They make a percentage profit of 70% on each pair.

What was the cost of each pair of trainers to the shop?

Answer 1

100-70/100 *£68

Explanation:

£40.8

therefore, each pair of trainers cost£40.8

Answer 2

70% of £68 gives £47.6 for each trainer