Multiple choice

Cost price of video game is £41.2 and selling price is £47.8. What is the profit percentage?

  1. 14%

  2. 15%

  3. 16%

  4. 18%
Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

Profit = 47.8 - 41.2 = 6.6. Profit percentage = (6.6 / 41.2) * 100 = 16.019%. Rounded to 16%.

AI explanation

The profit is the selling price minus the cost price, so 47.8 minus 41.2 gives a profit of 6.60. Using the profit percentage formula, Profit Percentage equals (Profit divided by Cost Price) times 100, we get (6.60 divided by 41.2) times 100. This calculation evaluates to exactly 16%.

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