Question
Dupe bought a book for 25k, and sold it to yemi for 30k. Find Dupe's percentage profit
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Answered by
GPT 3.5
To find Dupe's percentage profit, we need to calculate the profit first.
Profit = Selling Price - Cost Price
Dupe's selling price is 30k, and the cost price is 25k.
Profit = 30k - 25k = 5k
Now, let's calculate the percentage profit.
Percentage Profit = (Profit / Cost Price) * 100
Percentage Profit = (5k / 25k) * 100 = 20%
Therefore, Dupe's percentage profit is 20%.
Profit = Selling Price - Cost Price
Dupe's selling price is 30k, and the cost price is 25k.
Profit = 30k - 25k = 5k
Now, let's calculate the percentage profit.
Percentage Profit = (Profit / Cost Price) * 100
Percentage Profit = (5k / 25k) * 100 = 20%
Therefore, Dupe's percentage profit is 20%.
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