Jerry purchases a used sofa for $275. He cleans and reupholsters the sofa to make it look brand new. After all the improvements,
Jerry sells the sofa for 40% more than what he originally purchased it for. What was the profit Jerry made after selling the sofa?
1 answer:
Answer:
<h2>$110</h2>
Step-by-step explanation:
Step one:
we are told that the cost of the sofa is $275
also, he sells it for 40% more of the cost price
let us find 40% of $275
=40/100*275
=0.4*275
=110
=$110
Step two:
This means that the selling price is 275+110
=$385
profit = selling price- cost price
profit=385-275
profit=$110
You might be interested in
Answer:
40
Step-by-step explanation:
took the test and got a 100
Tanα=y/x
α=arctan(y/x), we are given the point (3.2, 6.2) so:
α=arctan(6.2/3.2)°
α=arctan(1.9375)°
α≈62.7° (to nearest tenth of a degree)
Answer:d
Step-by-step explanation:i dont know
3 over 20 is the fraction in simplest form.