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July 24, 2014

July 24, 2014

Posted by **Jason** on Friday, February 10, 2012 at 5:43pm.

When a store claculates its profit as a percentage of its cost price the profit is always bigger than the profit calculated as a percentage of the selling price.

What does it mean and please give me an example.

Thank you :)

- Math -
**Steve**, Saturday, February 11, 2012 at 5:37amcost: $10

selling price: $15

profit: $5

profit/cost = 5/10 = 50%

profit/sellprice = 5/15 = 33%

assuming s > c

ps > pc

divide by sc:

p/c > p/s

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