Profit Percentage Calculation

Steps:

• Identify revenue and cost figures from the provided data (e.g., revenue $137,000, costs$100,000).
• Subtract costs from revenue to find profit: $137,000 -$100,000 = $37,000.
• Divide profit by costs: $37,000 /$100,000 = 0.37.
• Multiply by 100 for percentage: 0.37 × 100 = 37%.

Why A is correct:

• Profit percentage formula is (profit / cost price) × 100, yielding exactly 37% here.

Why the others are wrong:

• B misapplies formula using revenue instead of costs as denominator.
• C confuses profit with markup on selling price.
• D incorrectly calculates total return without subtracting costs.

Final answer: A