Question 877374: Rama buys a T.V at 20% discount of its value and sold it for 20% more than its value . Her profit percentage is? Answer by josmiceli(19441) (Show Source):
You can put this solution on YOUR website! The profit percentage would be:
( selling price - cost of TV ) / ( cost of TV )
Let = cost of TV
She bought it for
She sold it for
-------------------------------
profit % =
Divide top and bottom by
profit % = 50%