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Alex bought a television set for $900 and he sold it for $1125. What is the percent he sold the tv set?
Question
Alex bought a television set for $900 and he sold it for $1125. What is the percent he sold the tv set?
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Mathematics
4 years
2021-08-28T10:15:24+00:00
2021-08-28T10:15:24+00:00 2 Answers
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Answers ( )
Cost price of a TV set = $900
Selling price of this TV set = $1125
Since Selling price > Cost Price, Alex had a profit.
Profit earned by Alex :
Thus, the profit Alex made = $225
We know that :
Percentage of profit alex earned :
Thus profit percentage = 25%
Therefore, percentage of profit Alex earned by selling the TV set = 25%
Answer:
25
Step-by-step explanation:
1125-900=225
225/900×100=25