9. A property which was valued at $ 40,000 five years ago is now valued at 60,000. What is the percentage increase in value?
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Answered by
1
Answer:
C.P.= 40,000
S.P.= 60,000
S.P.>C.P.
Profit = S.P.- C.P.
60,000 - 40,000
= 20,000
Profit%= profit /C.P.* 100
=20,000/ 40,000 *100
=50%
Step-by-step explanation:
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Answered by
0
NCREASED PRISE = 60000 - 40000
=RS 20000
SO INSRESEND PERCENTAGE = 20000/60000×100
= 33.33%ep explanation:
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