A car dealer bought a used car for ₦270,000 and spent ₦70,000 to refurbish it. He later sold the car for ₦490,000. What was the percentage profit?
a
30%
b
35%
c
25%
d
45%
Explanation
Correct Option
dVideo Explanation
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A car dealer bought a used car for ₦270,000 and spent ₦70,000 to refurbish it. He later sold the car for ₦490,000. What was the percentage profit?
30%
35%
25%
45%