Question

A gold chain is sold for $635 at a gain of 27 % on the sale price.
Find the profit.

Answer 1

$135

Explanation:

We Know

A gold chain is sold for $635 at a gain of 27% on the sale price.

Find the profit.

Let's W be wholesale.

W = 635/1.27 = $500

Profit = 635 - 500 = $135

So, the profit is $135