3 years ago

A house is bought for 20 000 and sold 24 000. What is the percentage profit

1 answer:

4 0

Answer:

20%

Step-by-step explanation:

Profit = 24000 - 20000 = 4000

$Profit \: percent = \frac{4000 \times 100}{20000} \\ = \frac{400000}{20000} \\ = 20\%$

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