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Help plz

by Pinku » Wed Jul 28, 2010 4:21 pm
A merchant made a profit of $5 on the sale of a sweater that cost the merchant $18. What is the
profit expressed as a percent of the merchant's cost?
Give your answer to the nearest tenth of a percent.
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by Patrick_GMATFix » Wed Jul 28, 2010 5:44 pm
Hey Pinku,

What is the source of the question please (is it a GMAT question)? Are there answer choices?

Profit = 5

Merchant's cost = 18.

Profit as a percentage of Merchant's cost = 5/18 = .278 or 27.8%
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by Rahul@gurome » Wed Jul 28, 2010 5:49 pm
Pinku wrote:A merchant made a profit of $5 on the sale of a sweater that cost the merchant $18. What is the
profit expressed as a percent of the merchant's cost?
Give your answer to the nearest tenth of a percent.
Profit% = (Profit/Cost Price)*100 = (5/18)*100 = 27.7%
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by selango » Wed Jul 28, 2010 6:26 pm
Pinku this seems like GRE questions?If so this is not the forum to post GRE questions.
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