Question

Kofi made a profit of 56% on an article he bought for GH 89.00
How much did he sell the article?

Answer 1

Answer:

GH 138.84

Step-by-step explanation:

cost price = GH 89.00

profit = 56℅

selling price =?

so

selling price = [( 100 + profit ℅) / 100] × cost price

=> selling price = [( 100 + 56) / 100] × 89

=> selling price = 156/100 × 89

=> selling price = GH 138.84

Answer 2

GH 138.84

Step-by-step explanation:

You'll first find for the profit, which is 56% of GH 89.You then add the profit to the cost price of the article to find the selling price.