SOLUTION: If a car is sold for $550 an the resold for $690 what percentage profit has been made on the sale of the car

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Question 859737: If a car is sold for $550 an the resold for $690 what percentage profit has been made on the sale of the car
Answer by ewatrrr(24785) About Me  (Show Source):
You can put this solution on YOUR website!
 

Hi,

690%2F550+ = 1.2545 or 25.45% mark Up profit