SOLUTION: Nicole bought a piece of property for $12,000. She sold it for $15,000. What is the percent of increase?

Algebra ->  Customizable Word Problem Solvers  -> Finance -> SOLUTION: Nicole bought a piece of property for $12,000. She sold it for $15,000. What is the percent of increase?      Log On

Ad: Over 600 Algebra Word Problems at edhelper.com


    

Question 604716: Nicole bought a piece of property for $12,000. She sold it for $15,000. What is the percent of
increase?
Answer by rfer(16322) About Me  (Show Source):
You can put this solution on YOUR website!
3000/12000=0.25=25%