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Mr. Johnson bought stock valued at $84.00 per share and sold it
for $110.25. What was the percent of profit?
Round your answer to the nearest hundredth of a percent.

Respuesta :

Answer:

%31.25

Explanation:

Profit = selling price - cost price

= $110.25 - $84.00

= $26.25

Profit Percentage = (Profit/Cost Price) × 100

= ($26.25/ $84.00) × 100

= %31.25

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