Answer:
Ahmed's profit is the difference between the selling price and the buying price:
Profit = Selling Price - Buying Price
Profit = £190,270 - £179,500
Profit = £10,770
To calculate the percentage profit, we need to divide Ahmed's profit by his buying price, and then multiply by 100 to convert the fraction to a percentage:
Percentage Profit = (Profit/Buying Price) x 100%
Percentage Profit = (£10,770/£179,500) x 100%
Percentage Profit = 0.06 x 100%
Percentage Profit = 6%
Therefore, Ahmed makes a 6% profit on the sale of the house.