Accountancy, asked by joeltjenny2198, 1 year ago

Last year jose sold a painting for $2000. If he made a 25% profit on the sale, how much had he paid for the painting?

Answers

Answered by pk8559630

1

Hello mate!
So profit=
$2000 \times 25 \div 100 = 500$
So 2000-500=1500
He paid 1500 for the painting.
Hope it'll help u!!

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