Answer:
1.5 hours = 1 hour 30 mins
Step-by-step explanation:
3/4 = 0.75
0.75 x 2 = 1.5
C.P. = $95000
S.P. = $280000
a. Profit
= S.P. - C.P.
= $280000 - $95000
= $185000
b. Let the profit% of C.P. be x.
(x/100) × $95000 = $185000
=> x/100 = $185000/$95000
=> x/100 = 37/19
=> x = (37/19) × 100
=> x = 3700/19
=> x = 194 14/19
So, profit percent of buying price is 194 14/19%.
c. Let the profit% of S.P. be x.
(x/100) × $280000 = $185000
=> x/100 = $185000/$280000
=> x/100 = 37/56
=> x = (37/56) × 100
=> x = 3700/56
=> x = 925/14
=> x = 16 1/14
So, profit percent of selling price is 16 1/14%.
d. Buying price percentage profit sounds better as far as Ella is concerned.
Answer:
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