Question

The total cost of a large box of cookies is $\$4$ which is then sold for $\$10$ a box, the profit percentage is %

• A. $100\%$
• B. $150\%$
• C. $50\%$

Answer 1

The correct option is B $150\%$

Total Cost of a box of cookies $=\$4$
Selling Price of the box $=\$10$
$\therefore$ Profit Percentage $=\frac{\text{Selling Price}-\text{Total Cost}}{\text{Total Cost}}\times 100$
$=\frac{10-4}{4}\times 100=\frac{6}{4}\times 100$
$=150\text{\%}$