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# What is the percent profit an ice cream seller makes on vanilla ice cr

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Math Expert
Joined: 02 Sep 2009
Posts: 56304
What is the percent profit an ice cream seller makes on vanilla ice cr  [#permalink]

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07 Jan 2019, 04:56
00:00

Difficulty:

15% (low)

Question Stats:

80% (00:47) correct 20% (00:47) wrong based on 28 sessions

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What is the percent profit an ice cream seller makes on vanilla ice cream if vanilla ice cream costs him 90 cents per scoop to make and he sells it at \$1.20 per scoop?

A. 25%
B. 30%
C. 33 1/3%
D. 40%
E. 50%

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Joined: 18 Aug 2017
Posts: 4252
Location: India
Concentration: Sustainability, Marketing
GPA: 4
WE: Marketing (Energy and Utilities)
What is the percent profit an ice cream seller makes on vanilla ice cr  [#permalink]

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Updated on: 08 Jan 2019, 01:28
Bunuel wrote:
What is the percent profit an ice cream seller makes on vanilla ice cream if vanilla ice cream costs him 90 cents per scoop to make and he sells it at \$1.20 per scoop?

A. 25%
B. 30%
C. 33 1/3%
D. 40%
E. 50%

(1.2-0.9)/0.9

= 33.33% IMO C
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Originally posted by Archit3110 on 07 Jan 2019, 05:08.
Last edited by Archit3110 on 08 Jan 2019, 01:28, edited 1 time in total.
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Joined: 09 Aug 2017
Posts: 359
Re: What is the percent profit an ice cream seller makes on vanilla ice cr  [#permalink]

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07 Jan 2019, 05:24
profit: 120-90 cents= 30 cents per scoop
Therefore, profit %= 30/90*100= 33.33%
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Joined: 26 Dec 2018
Posts: 142
Location: India
What is the percent profit an ice cream seller makes on vanilla ice cr  [#permalink]

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07 Jan 2019, 07:16
Cost Price = 90 cents
Selling Price = \$1.2
Profit = 30 cents
Profit % = (Profit/Cost Price) x 100 %
= (30/90) x 100 %
= 33 1/3%
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What is the percent profit an ice cream seller makes on vanilla ice cr   [#permalink] 07 Jan 2019, 07:16
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