Question

A retailer buys t-shirts for 10$ each, adds a logo, then sells each shirt for 35$. What was the retailer’s percent of change

Answer 1

250%

Explanation:

Buying Price : 10$

Selling Price: 35$

=> the retailer’s percent of change is calculated as the following formula:

{(Selling Price - Buying Price) / Buying Price}*100%

= {(35$ - 10 )/10$}*100%

= 250%