Question

simi bought a study table for $9000 she sold it at a profit of 20 percent how much profit did she make? what is the selling price?​

Answer 1

Hey!

Simi bought study table = $ 9000

It means S.P = $9000

Profit = 20%

We know,

S.P = \frac{100+profit%}{100} \times C.P\\ S.P = \frac{100+20}{100} \times 9000\\ S.P = \frac{120}{100} \times 9000 \\ S.P = 10800

Now,

Profit = S.P - C.P

= 10800-9000

= $ 1800