Civil Service Exam Reviewer · Percentage · hard
An item bought for ₱2,800 is sold for ₱4,200. What is the profit as a percent of the SELLING price?
- 50%
- 1,400%
- 66.67%
- 33.33%
Answer
D. 33.33%
Solution
Profit = ₱1,400. Based on selling price: 1,400 ÷ 4,200 × 100 = 33.33%.
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