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The owner of a shop buys a bed at the price of Rp 1,700,000.00. Then he sells the bed at the price of Rp
2,040,000.00. The percentage of profit of the shop owner is ....
Select one:
a. 30%
b. 20%
c. 25%
d. 15%

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Answer :

CONLEYJULIANNEGO

Answer:

b. 20%

Step-by-step explanation:

The difference between 2,040,000.00 and 1,700,000.00 is 340,000

By process of elimination of the possible answers, 20% of 1,700,000.00 is 340,000; which shows that there was a 20% increase in profit.

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