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I sold a commodity for #16 and made a profit of 20% what percentage will I make if I sell at # 18?​

I sold a commodity for #16 and made a profit of 20% what percentage will I make if I sell at # 18?​
asked 87.0k views
9 votes
I sold a commodity for #16 and made a profit of 20% what percentage will I make if I sell at # 18?​

asked
User Masoud Ramezani
by
8.2k points

1 Answer

9 votes

Answer:

Explanation:

since #16 = 20% then #18 will be 18/16 * 20%= 22.5%

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User Flicken
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7.8k points
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