Tax bill cost = (opening price 167.4- reserve price 60)X 10%= 10.74.
Profit = opening fare 167.4- reserve price 60- tax bill cost 10.74=96.66.
According to the bid price, the profit rate = 96.66/180x100% = 53.7%.
According to the reserve price, the profit rate is 96.66/60x100% =161.1%.