If a hospital bought $24,000 worth of equipment and sold it for $30,000, what was the percentage of profit?

This is due on monday(tomorrow) and it's the only problem I can't solve on my own (I'm starting to really hate percents). Please help me.

Edit: Never mind, I figured it out. ^_^

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2 Answers

30,000 - 24,000 = 6,000

6,000/24,000 = 0.25

0.25(100) = 25% profit
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30,000 - 24,000 = 6,000

6,000/24,000 = 0.25

0.25(100) = 25% profit

by Level 6 User (19.3k points)

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