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18 June, 21:22

A merchant buys an old carpet for $25.00. He spends $15.00 to have it restored to good condition and then sells the rug for $50.00. What is the percent profit on his total investment?

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  1. 18 June, 21:34
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    He get 125% more than he spent for it. So he got 25% more.
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