georginaholness20
georginaholness20 georginaholness20
  • 23-06-2021
  • Mathematics
contestada

a retailer bought a bag for $80 and sold it for $120 calculate the percentage profit​

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wegnerkolmp2741o
wegnerkolmp2741o wegnerkolmp2741o
  • 23-06-2021

Answer:

50%

Step-by-step explanation:

Take the final amount and subtract the original amount

120-80 = 40

Divide by the original amount

40/80 = .5

Multiply by 100

.5 *100 = 50%

Answer Link
maheshsinghmeenu
maheshsinghmeenu maheshsinghmeenu
  • 23-06-2021

Step-by-step explanation:

Profit=Selling Price- Cost Price

=$120-$80

=$40

Profit Percentage= Profit×100/Cost Price

= 40×100/80

=100/2= 50%

hope it helps

Answer Link

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