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Juma bought a geometry set at sh 2000 and later sold it at sh 2500. find his percentage profit​

User DaCurse
by
8.0k points

1 Answer

11 votes

given:

bought price= 2000

sold price= 2500

to find:

the percentage profit

solution:


profit\% = 100 * ((final - initial))/(initial)


profit\% = 100 * ((2500 - 2000))/(2000)


= ((2500 - 2000))/(2000)


= (1)/(4)


= (1)/(4) * 100\%


profit\% = 25\%

therefore, his percentage profit is 25.

User Michel Ayres
by
8.7k points
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