Quick percentage question...

[Feek]

I hate percentages.

If I buy something for 60,000 and sell it for 800,000, what's the percentage profit?

[Gnat]

I hate percentages.

If I buy something for 60,000 and sell it for 800,000, what's the percentage profit?

if 60,000 is 100% profit, then 800,000 is 13.3333 times more than 60,000, then would it be 1333% profit?

(i have just woken up so could be talking complete crap (not for a change))

[LeperousDust]

Well you made 740k and as mentioned above 60k would have been 100% profit so on that note i say 1233 & 1/3 % profit in my eyes.

[divine]

I think you'll find a lot of people will differ on what their base line is, depending on what point they're trying to make, some stating say 60k > 120k as 100% profit and others as 200% profit. I think there are other ways of doing it too, again, depending on what you're wanting to show.

It's one of those things where the actual calculations aren't hard, it's just deciding what is the appropriate calculation to be doing.

[Feek]

Either way, it's huge. Ta.

[Mark]

Well you made 740k and as mentioned above 60k would have been 100% profit so on that note i say 1233 & 1/3 % profit in my eyes.
According to the GCSE Mathematics curriculum (Scottish edition), you're correct.

http://www.bbc.co.uk/scotland/education/bitesize/standard/mathsI/number_gen/profit_loss_rev4.shtml

All I can say is enjoy that profit, whatever units it's in. :cool:

[Garp]

All I can say is enjoy that profit, whatever units it's in. :cool:

ISK would be my guess.

[Mark]

That was my first thought too, but I'm leaving the options open.

[Davey_Pitch]

EVE?

[divine]

EVE?

ADAM?

*runs with arms wide open*

[Davey_Pitch]

Just leave that sodding apple alone :p

[Feek]

Just leave that sodding apple alone :p

*munch*

Apple? What apple? ;)

[Desmo]

Just leave that sodding apple alone :p
It wasn't the apple in the tree that was a problem. It was the pear on the ground that Eve bent over to pick up ;D