Simone buys a painting for 24000 later she sells it for 60000 how much is her percentage profit
1 answer:
Answer:
percentage profit = 150%
Step-by-step explanation:
percentage profit = sp - cp/cp * 100
sp is the selling price = 60000
cp is the cost price = 24000
percentage profit = 60000-24000/24000 * 100
percentage profit = 36000/24000 * 100
percentage profit = 36000/240
percentage profit = 150%
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<em><u>ANSWER:</u></em>
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