A contractor is calculating the probable profit on a project that is underway. The calculations show the contract amount is $25,000. The original estimated cost is $18,700. The revised estimated cost is $19,350. What is the difference in percentage of profit between the original estimated cost and the revised estimated cost?

A contractor is calculating the probable profit on a project that is underway. The calculations show the contract amount is $25,000. The original estimated cost is $18,700. The revised estimated cost is $19,350. What is the difference in percentage of profit between the original estimated cost and the revised estimated cost?