Register
A house is bought for $75000 and then resold for $87000. Calculate the percentage profit
510,896 views
10 votes
10 votes
A house is bought for $75000 and then resold for $87000. Calculate the percentage profit

User Jan Aagaard
by
3.1k points

1 Answer

24 votes
24 votes
The cost price of the house = $75000

The selling price of the house = $87000

Profit = selling price - cost price

=> Profit made = $87000-$75000

=> Profit made = $12000

Profit Percentage is given by the formula , Profit % =
(profit X 100)/(cost price)

=> Profit % =
image.

User Srinivas Rampelli
by
2.9k points
Ask a Question
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

1.6m questions

2.0m answers

Other Questions

Can anybody tell me what’s going on here?
Granola costs $1.76 per pound. Write and solve an equation to determine the number of pounds p of granola that can be purchased with $7.04. The equation is: The value of x is
Evalute 8a -1+0.5b when a =1/4 and b= 10 how dose this work i need help..
PLZ needed now plz URGENT!
Yall help me out please
Link Copied!