Mock Set 1 Paper 02 Calculator

\[ \begin{array}{l} \text{James is organising a concert to raise money for a local shelter.} \\ \text{He spends:} \\ \quad \pounds 85 \text{ on refreshments} \\ \quad \pounds 150 \text{ on venue hire} \\ \quad \pounds 95 \text{ on advertising} \\ \\ \text{James sells 60 tickets for the concert.} \\ \text{Each ticket costs \pounds 7.25.} \\ \\ \text{Work out the percentage profit James makes for the shelter.} \end{array} \]