Selling price (S) = 43.7
Profit = 6.7
Explanation:
Given parameters:
Cost price = 38
Profit = 15%
Unknown:
Selling price = ?
Profit = ?
Solution:
The selling price is the amount a particular good is sold.
Selling price = Cost price + profit
The profit is the gain on goods sold.
Profit = Selling price - cost price
We have been given the profit percent;
%Profit =
x 100
15 =
x 100
Selling price (S) = 43.7
Profit = selling price - cost price = 43.7 - 38.00 = 6.7
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Explanation:
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Answer:
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Explanation:
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