Julie buys a bike for $2700, a year later she sells it making 15% profit.
a) How much profit did Julie make
b) How much was the selling price
Please explain how you got the answer!
Thx
Answers
Answered by
2
a)profit=15%
=15/100*$2700
=$405
b)SP=CP+profit
SP=$405+$2700
=$3105
Answered by
0
Answer:
CP=$2700
Profit=15%
SP=(100+p%/100)×CP
=115/100×2700
=3105
Profit=3105-2700
=$405
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