percentage problems

2008-01-11 3:42 am
Mr Chung paid $72000 for the profits tax last year and the profits tax rate was 16%

a) Find the net profit that Mr Chung gained last year.
b) If the operating expenses were $560000 last year , find the gross profit.

回答 (1)

2008-01-11 5:51 am
✔ 最佳答案
a) The net profit that Mr Chung gained last year
=$72 000/16%
=$72 000x(100/16)
=450 000 #

b) The gross profit
=(450 000-560 000)/450 000x100%
=-110 000/450 000x100%
=-1100/45
=(-220/9)% #


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