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17 May, 10:42

Items bought by a trader for $80 are sold for $100. The profit expressed as a percentage of cost price is

2.5%

20%

25%

50%

+4
Answers (2)
  1. 17 May, 10:56
    0
    The percentage profit is sale - cost / sale

    so in you case 100-80=20

    20/100=1/5 = 20%
  2. 17 May, 11:48
    0
    The answer is 20%, at least that's what I got.
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