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Mo buys a house for £120 000 He sells the house for £150 000 Work out the percentage profit that Mo makes.

Sagot :

Alinakunwar01idn

Step-by-step explanation:

profit amount=150000-120000

profit amount=30000

profit %= profit amount/cost price*100

therefore profit percent=30000/120000*100

there for profit %=25%

ShubhamchouhanvrVTidn

The percentage of profit will be equal to 25%

What is the percentage?

The Percentage is defined as representing any number with respect to the 100. It is denoted by the sign %.

The profit percentage will be calculated as:-

Profit amount =  150000-120000

Profit amount  =  30000

Profit %= profit amount/cost price*100

Profit percent=30000/120000*100

Profit percentage = 25%

Therefore the percentage of profit will be equal to 25%

To know more about percentages follow

https://brainly.com/question/24304697

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