Question

Dupe bought a book for 25k and sold it for 30k. find the percentage profit.

Answer 1

Answer:

= 20%

Step-by-step explanation:

BUYING PRICE = 25000

SELLING  PRICE = 30000

PROFIT = SELLING PRICE - BUYING PRICE

             = 30000 - 25000

             = 5000

% PROFIT = PROFIT/BUYING PRICE x 100

                 = 5000/25000 x 100

                 =20%

Answer 2

Answer:

25%

Step-by-step explanation:

CP of book = $25000$

SP of book = $30000$

Profit = SP - CP

Profit percentage (P) = profit / CP * 100

$P = \frac{30000-25000}{25000} * 100$

$P = \frac{5000}{25000}*100$

$P= \frac{100}{5}$

$P = 25$%

Thus Dupe sild the book at a profit of 25%.