Answer:
52%
Step-by-step explanation:
Step one
In this problem we we have to calculate the profit made after spending a certain amount on the car
Step two
Given that he spent $12000 for parts
And he sold the car for $25000
The profit made is
=Cost of car - cost of repair
= 25,000-12,000
=$13,000
The profit made is $13,000
Step three
Using the cost of the car and the profit realized we can calculate the percentage of the profit made
= (13,000/25,000)*100
= 0.52*100
=52%
