Bob would make a profit of 59% if he sells his watch at $4611. Find out how much profit he would get if he sold his watch at $5000.
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QUESTION-:
Bob would make a profit of 59% if he sells his watch at $4611. Find out how much profit he would get if he sold his watch at $5000.
EXPLANATION-:
PROFIT- 59% | x%
COST- $4611 | $5000
Since the two terms in this question(profit and cost) are directly proportional
So we can use unitary method
So the profit made is 63 %
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