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Is 560 percent correct

Updated: 8/17/2019
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Wiki User

14y ago

Best Answer

560%=5.6=560/100

560 percent might be correct.

If a company made £10 profit in 2008 and £9 profit in 2009, the 2009 profit would be 90% of the profit in 2008.

If the same company made £9 profit again in 2010, the 2010 profit would be 100% of the profit in 2009 (100% means exactly the same amount).

If the same company made £50.40 profit in 2011, the 2011 profit would be 560% of the profit in 2010 because £50.40 is 5.6 times as much as £9.

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14y ago
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