Question

A man bought a house for 3600 Naira he repairs the house with 150 Naira if he sold the house for 4950 Naira . Find his percentage profit

Answer 1

Step-by-step explanation:

profit%=

$\frac{selling \: price - cost \: price}{cost \: price} \times 100\%$

$\frac{4950 \: naira - 3600 \: naira + 150 \: naira}{3750 \: naira} \times 100\%$

$\frac{4950 - 3750}{3750} \times 100\%$

$\frac{1200}{3750} \times 100\%$

=36%