Question

A radio was brought for $16 and sold for $20. What is the percentage profit?

Answer 1

Answer:

20%

Step-by-step explanation:

Profit in doller is $4

hence, if $20 is 100%

then how much $4 will be.....

therefore,

4 × 100

_________

20

after solving this equation we will get 20 as our percentage profit......