If a shop makes a profit of 2750 pounds in march . it has a easter sale and the profit is 3162.50 pound in april. what is the profit percentage increase

The profit percentage  will increase by 15%.

Using this formula

Po(1+rt)=P1

Where:

Po=2750 pounds

P1=3162.50 pound

t=1

Let plug in the formula

2750(1+rt)=3162.50

1+rt=3162.50/2750

1+rt=1.15

rt=1.15-1×100

rt=15%

Inconclusion the profit percentage  will increase by 15%.

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The profit percentage increase = 15%

Step-by-step explanation:

Given : Profit made by a shop in March = 2750 pounds

Profit made by shop in April = 3162.50 pound

The profit increase =

The  profit percentage increase  is given by :-

∴ The profit percentage increase = 15%