Question

Elsie bought a video game for $85.00. If the store charges 170% of its cost for the game, how much is the store’s profit?

Answer 1

TLDR: the profit is 35 dollars, and the game was 50 dollars direct from the gaming company.

Assuming that the 85.00 is the cost of the game after the addition of store charges, we can find out the amount of money that the game cost before the inflation by the store.

Let the cost of the game from the manufacturer be ‘x,’ and let the cost of the game in the store equal ‘y.’ In this case, y=85, and also y= 1.7x, where the 1.7 represents the inflation of the game’s cost.

Therefore,

85 = 1.7x
X=50.

The game cost 50 dollars from the manufacturer, and the store gains profit to the amount of 85-50, or 35 dollars of profit.

Answer 2

Answer:

$35

Step-by-step explanation:

1. 85/1.7

2. you get 50

3. 85-50