
Dorene O. answered 09/01/18
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Think about this by coming up with a cost for 240 seedlings. Let's say it's 1$ per seedling. He pays $240 for the 240 seedlings. Now he sells 180 of those and makes $240. They cost him $180, so his profit is $60. To calculate the % gain, find the ratio of the profit, $60, divided by the cost for those 180 seedlings, and multiply by 100% to get the % gain.