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

User NRaf
by
2.7k points

1 Answer

13 votes
13 votes

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)

User Georgy
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2.6k points