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If a shop makes a profit of 2750 pounds in march . It has a easter sale and the profit is 3162.50 pound in april. What is the profit percentage increase

Posted 6 months ago

Answers (2)

Bob Brown 6 months ago

The profit percentage  will increase by 15%. Using this formula Po(1+rt)=P1 Where: Po=2750 pounds P1=3162.50 pound t=1 Let plug in the formula 2750(1+rt)=3162.50 1+rt=3162.50/2750 1+rt=1.15 rt=1.15-1×100 rt=15% Inconclusion the profit percentage  will increase by 15%. Learn more here: brainly.com/question/11759446

Hannah Lee 6 months ago

Answer: The profit percentage increase = 15% Step-by-step explanation: Given : Profit made by a shop in March = 2750 pounds Profit made by shop in April = 3162.50 pound The profit increase = The  profit percentage increase  is given by :- ∴ The profit percentage increase = 15%

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