contestada

If a stadium increases its profit margin from $250,000 to $575,000, what is the percentage increase in profit margin?

Respuesta :

Answer:

250,000x575,000 a percentage is 1 thusand

The percentage increase in profit margin would be : 57%

First, we'll get increase in the profit

= $575,000 - $250,000

= $325,000

Then, the percentage increase in profit margin

= $325,000 / $575,000 * 100

= 0.57 * 100

= 57%

Hence, the percentage increase in profit margin would be 57%.

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