Civil Service Exam Reviewer · Percentage · hard

An item bought for ₱1,550 is sold for ₱2,325. What is the profit as a percent of the SELLING price?

  1. 50%
  2. 775%
  3. 66.67%
  4. 33.33%

Answer

D. 33.33%

Solution

Profit = ₱775. Based on selling price: 775 ÷ 2,325 × 100 = 33.33%.

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