Profit Margin

Practice Questions

ACT Math › Profit Margin

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1

A bakery sells cupcakes for per dozen. If it costs to make each dozen, how much profit would the bakery earn from selling dozen cupcakes?

2

It costs a retail store to purchase a bow tie. If this store sells the bow tie for , what is its profit percentage? Round to the nearest hundredth.

3

A bakery sells cupcakes for per dozen. If it costs to make each dozen, how much profit would the bakery earn from selling dozen cupcakes?

4

Manufacturing a particular product produces a profit of for each unit produced. If the cost to produce a unit is , what is the profit percentage on each unit? Do not round until the final answer.

5

Manufacturing a particular product produces a profit of for each unit produced. If the cost to produce a unit is , what is the profit percentage on each unit? Do not round until the final answer.

6

It costs a retail store to purchase a bow tie. If this store sells the bow tie for , what is its profit percentage? Round to the nearest hundredth.

7

A set of cards were purchased for . If the store earned profit on the sale, what was the original price of the cards? Round to the nearest hundredth.

8

In business, profit is defined as revenue minus expenses. A profit is often expressed as a percentage of total revenue.

A company posts a profit for the first quarter of the new year, pleasing investors. If the total profits for the quarter were what were the expenses for the company in that quarter? Round to the nearest dollar.

9

A set of cards were purchased for . If the store earned profit on the sale, what was the original price of the cards? Round to the nearest hundredth.

10

In business, profit is defined as revenue minus expenses. A profit is often expressed as a percentage of total revenue.

A company posts a profit for the first quarter of the new year, pleasing investors. If the total profits for the quarter were what were the expenses for the company in that quarter? Round to the nearest dollar.

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