simply math question

[freecbc3]

dear all member i do have a question

if i buy X for 0.15$
and i sell it for 1$

so my earn will be 557% right ??

bcz
0.15$--------------100%
1$---------------????

????=100/0.15=567%

Profit % = ((Selling price - Cost price)/Cost price)*100

Profit % = ((1-0.15)/0.15)*100

Profit % = (0.85/0.15)*100

Profit % = (5.6666666)*100

Profit % = 566.666666




so my earning will be 567% or 85% ? ?

freecbc3 Reviewed by freecbc3 on 24th Aug 2010. simply math question dear all member i do have a question if i buy X for 0.15$ and i sell it for 1$ so my earn will be 557% right ?? bcz 0.15$--------------100% 1$---------------???? Rating: 5