Ask Question
14 August, 18:11

A businessman bought a fairly used radio set for 950 dollars and spent 250 dollars for repairing it before selling it for 1500 dollars. what is the percentage profit?

+4
Answers (2)
  1. 14 August, 19:31
    0
    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%
  2. 14 August, 20:21
    0
    I believe it's a 25% profit.

    950+250 = 1200

    1500-1200 = 300

    300/1200 = 0.25

    0.25 x 100 = 25%
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “A businessman bought a fairly used radio set for 950 dollars and spent 250 dollars for repairing it before selling it for 1500 dollars. ...” in 📘 Mathematics if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers