Question

A necklace is bought for $72 Later, it is sold with a profit of 15% How much is the necklace sold for?

After selling the necklace, how much money has been made?

Give your answer to two decimal places because it is a currency.

Answer 1

The necklace is sold for $72 (store from warehouse price: $61.20). The profit is $10.80.

Work:
72 * 15% = 10.8 ($10.80)
Warehouse (original supplier): 72 -10.8 = 61.2 ($61.20)