Question

Shannon bought a used toy sailboat at a resale store for $8. She spent $4 on materials to replace the sails and repaint the sailboat. Shannon sold the toy sailboat for $20. Which is the percentage of profit Shannon made on the sale of the toy sailboat?

Answer 1

First and original answer:

She bought it for $8, spent $4 on refurbishing the toy so $12, then sold it for $20. The profit is a whopping 66.6% percentage

Answer 2

66.6

Explanation:

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