SOLUTION: House listed for $68,000, sold for $105,000. $37,000 made on sale. What is the percentage?

Algebra ->  Percentage-and-ratio-word-problems -> SOLUTION: House listed for $68,000, sold for $105,000. $37,000 made on sale. What is the percentage?      Log On


   

Question 237511: House listed for $68,000, sold for $105,000. $37,000 made on sale. What is the percentage?
Answer by College Student(505) About Me  (Show Source):
You can put this solution on YOUR website!
I'm not sure if you are looking for percentage based on the sale or the list price, so I'm going to list both.
Percentage from sale:
$37,000/$105,000=35.2%
Percentage from list price:
$37,000*$68,000=54.4%
Or you can round them down to 2 digits.