4 years ago

Please provide explanation

Mathematics

1 answer:

rewona [7]4 years ago

7 0

Answer:

≈ 51.5%

Step-by-step explanation:

Percentage gain is calculated as

% gain = $\frac{gain}{cost}$ × 100%

Here the total cost = $8000 + $2300 = $10300

gain = $15600 - $10300 = $5300, thus

% gain = $\frac{5300}{10300}$ × 100% ≈ 51.5%

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