Donald Brooks bought a desk for $125. After spending $75 on repairs, he sold the desk for $350. What was his percent of profit based on the cost?

Assad Yaqoob asked Apr 7, 2022

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31 votes

Donald Brooks bought a desk for $125.

After spending $75 on repairs, he sold the
desk for $350. What was his percent of
profit based on the cost?

Assad Yaqoob asked Apr 7, 2022

2.4k points

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22 votes

Answer:

75%

Explanation:

The total cost was $125 + $75 = $200

The selling price was $350.

The profit was $350 - $200 = $150

The percent profit was 150/200 * 100% = 75%

Kondor answered Apr 13, 2022

2.7k points

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