A children's bicycle bought for P2,580.00 was sold for P3,225.00. What percent of the purchase price was the profit?

To find the percent of the purchase price that was the profit, we can follow these steps:

1. **Calculate the profit:**
   \[
   \text{Profit} = \text{Selling Price} - \text{Purchase Price} = 3,225.00 - 2,580.00 = 645.00
   \]

2. **Calculate the profit as a percentage of the purchase price:**
   \[
   \text{Profit Percentage} = \left(\frac{\text{Profit}}{\text{Purchase Price}}\right) \times 100 = \left(\frac{645.00}{2,580.00}\right) \times 100
   \]

3. **Simplify the expression:**
   \[
   \text{Profit Percentage} = \left(\frac{645.00}{2,580.00}\right) \times 100 = 0.25 \times 100 = 25\%
   \]

So, the profit was **25%** of the purchase price.

Would you like more details on this calculation or have any other questions?

Here are 5 related questions you might find helpful:
1. If the bicycle was sold for P2,580.00, what would the profit percentage be?
2. How would the profit percentage change if the selling price was P3,500.00?
3. What is the profit if the selling price is P3,000.00?
4. How much should the bicycle be sold for to achieve a 30% profit?
5. If the bicycle was bought for P2,000.00 and sold for P2,500.00, what is the profit percentage?

**Tip:** Always subtract the cost price from the selling price to determine profit before calculating the percentage.

Learn how to calculate profit percentage using a children's bicycle sale example. Understand the steps involved in finding profit as a percentage of the purchase price. Suitable for Grades 5-8.

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