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Lina20 [59]
3 years ago
14

A businessman bought a fairly used radio set for 950 dollars and spent 250 dollars for repairing it before selling it for 1500 d

ollars. what is the percentage profit?​
Mathematics
2 answers:
zavuch27 [327]3 years ago
6 0

Answer:

I want to say 20% I could be wrong

Step-by-step explanation:

$950 + $250 = 1,200

1,200 ÷ 1500 = 0.8

0.800 > 80.0

80%

100% - 80% = 20%

Net Profit Margin = 20%

Net Profit =$300

Profit Percentage = 25%

horrorfan [7]3 years ago
5 0

I believe it's a 25% profit.

950+250= 1200

1500-1200= 300

300/1200= 0.25

0.25 x 100= 25%

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