Question

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

Answer 1

Answer:

25%

Step-by-step explanation:

The profit = 150 000 - 120 000 = 30 000

………………………………………………………

The profit percentage is :

$=\frac{30000}{120000} \times 100=0.25 \times 100 = 25 \%$