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IRISSAK [1]
1 year ago
6

An article is $68000 and sold at a profit of 14%. Find the selling price

Mathematics
1 answer:
marin [14]1 year ago
7 0

Answer:

The selling price is:  \$77,520

Step-by-step explanation:

Step 1: Identify the profit made

A profit of 14% is made on the article.

This means that the article was sold at a price that had 14% of its original price added to it.

The 14% of the original price is:

14\% \times 68000\\=\frac{14}{100}\times 68000\\\\\text{Calculate the value}\\\frac{14}{100}\times 68000\\=9520

So, a profit of $9520 was made

Step 2: Calculate the selling price

The selling price will be the sum of the original price and the profit.

The selling price is:

68000+9520\\=77520

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