Diana bought a car for $5000 and plans to sell it to make a 20% profit. What should she sell it for to make the profit she desires?
Answers
Answered by
22
hey mate
To make her desires profit which is 20% .she have to sell her car at $5000 +20% of $5000
so, the selling price=$5000+$1000=$6000.
To make her desires profit which is 20% .she have to sell her car at $5000 +20% of $5000
so, the selling price=$5000+$1000=$6000.
Answered by
7
Answer:
Selling price of the car to make a profit of 20% is $6000 .
Step-by-step explanation:
As given
Diana bought a car for $5000 and plans to sell it to make a 20% profit.
20% is written in the decimal form
= 0.20
20% of $5000 = 0.20 × Cost price of car
= 0.20 × 5000
= $ 1000
Selling price of the car = Cost price of the car + 20% of $5000
= $ 5000 + $ 1000
= $ 6000
Therefore the selling price of the car to make a profit of 20% is $6000 .
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