simply math question

[Doublecrosser]

you will get .85$ on each 1$,
so its 85%

Doublecrosser Reviewed by Doublecrosser 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

[freecbc3]

you will get .85$ on each 1$,
so its 85%

man i thing u are wrong bcz

0.15 is 100%

not 1$ is 100%

and as i know

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

so it 566%