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sertanlavr [38]
1 year ago
5

A merchant buys an old carpet for $25.00. He spends $15.00 to have it restored to good condition and then sells the rug for $50.

00. What is the percent profit on his total investment?
Mathematics
1 answer:
alekssr [168]1 year ago
6 0
He get 125% more than he spent for it. So he got 25% more.
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\bf ~~~~~~ \textit{Compound Interest Earned Amount}
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