Mo buys a house for £120 000 He sells the house for £150 000 Work out the percentage profit that Mo makes.

Bphi asked Dec 9, 2023

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39 votes

Mo buys a house for £120 000

He sells the house for £150 000
Work out the percentage profit that Mo makes.

Bphi asked Dec 9, 2023

by Bphi

2.8k points

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9 votes

Answer:

Explanation:

The profit = 150 000 - 120 000 = 30 000

………………………………………………………

The profit percentage is :

$=(30000)/(120000) * 100=0.25 * 100 = 25 \%$

Brandie answered Dec 14, 2023

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