Civil Service Exam Reviewer · Percentage · hard
An item bought for ₱1,800 is sold for ₱2,250. What is the profit as a percent of the SELLING price?
- 25%
- 450%
- 20%
- 80%
Answer
C. 20%
Solution
Profit = ₱450. Based on selling price: 450 ÷ 2,250 × 100 = 20%.
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