Question

A vendor bought a pair of shoes for $65 and wants to mark up the price by 120% for profit. How much profit will the vendor earn?

Answer 1

If the shoes are 65, then multiply it by 1.2 because 120% is equal to 1.2.

he would make 13 dollars profit

Explanation:

Answer 2

120/100 = 1.2

65 * 1.2 = 78

78 - 65 = 13

The vendor will earn $13 in profit.