Question

Jake buys a car for $1500 and sells it for $1800. What is Jake’s percentage profit?

Answer 1

step by step explanation:

Jake brought a car = 1500rs

Jake sell the car = 1800

profit = sp-cp

so profit = 1800-1500 = 300

profit percent = gain/cp×100

profit percent = 300/1500×100

profit percent = 20% (double zero are cancel and 300 divided by 15)