Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Cash Converters bought a Samsung TV for R1500. If the repair cost them R347 and they re-sold it for R2500, what percentage profit (based on

Cash Converters bought a Samsung TV for R1500. If the repair cost them R347 and they re-sold it for R2500, what percentage profit (based on selling price) did they make?

A)41.20%

b)22.94%

c)15.75%

d)26.12%

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Forecasting Volatility In The Financial Markets

Authors: Stephen Satchell, John Knight

2nd Edition

0750655151, 9780750655156

More Books

Students also viewed these Accounting questions