Question

Empower Resuits min sec Reset 12. A man bought a gold chain for $35,000 and sold it at a gain of 20%. What is its selling price?​

Answer 1

Answer:

The selling price is 42000 $

Step-by-step explanation:

Given : Basic price of gold chain = $ 35,000

                                            Gain = 20 %

                                      Selling price = ?

Solution : Selling price = Basic price + Gain

                 Gain = Gain% x Basic price

                                     = 35000 + 20/100 x 35000  

                                     = 35000 + 7000

                                     = 42000 $