Question

A homeowner listed her real estate for sale at $100,000. If her cost was 80% of the listing price, what will her percentage of profit be if her real estate is sold for the listing price?

Answer 1

Answer:

  25%

Step-by-step explanation:

Her profit is $20,000 on her cost of $80,000, so is ...

  20,000/80,000 × 100% = 25%