Question

The owner of a shop buys a bed at the price of Rp 1,700,000.00. Then he sells the bed at the price of Rp

2,040,000.00. The percentage of profit of the shop owner is ....
Select one:
a. 30%
b. 20%
c. 25%
d. 15%

thank you ☺️

Answer 1

b. 20%

Explanation:

The difference between 2,040,000.00 and 1,700,000.00 is 340,000

By process of elimination of the possible answers, 20% of 1,700,000.00 is 340,000; which shows that there was a 20% increase in profit.