A club sold each cap for $12. The club made a profit of $3 for each cap sold. What percent of the selling price of each cap is the profit?

3/12 = 0.25 = 25%

100 * 3/12 = 100 /4 = 25%

25%

To find the percent of the selling price that corresponds to the profit, we need to calculate the profit as a percentage of the selling price.

First, let's determine the profit amount in dollars. It is stated that the club made a profit of $3 for each cap sold.

Next, we need to determine the selling price of each cap, which is mentioned as $12.

To calculate the profit as a percentage of the selling price, we use the following formula:

Profit percentage = (Profit amount / Selling price) × 100

Substituting the values we have:

Profit percentage = ($3 / $12) × 100

Now, simplify the expression:

Profit percentage = 0.25 × 100

The profit percentage is therefore 25%.

Therefore, the profit as a percentage of the selling price for each cap is 25%.