3 years ago

Q5. A car is bought for £5000 and sold for £7500. What is the percentage profit?

Mathematics

1 answer:

Nitella [24]3 years ago

8 0

Answer:

50% profit

Step-by-step explanation:

Cost price = £ 5000

Selling price = £ 7500

Profit = Selling price - cost price

= 7500 - 5000

= £ 2500

Profit percentage = $\frac{2500}{5000}*100$

= 50 %

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