Question

Mdm Siti will make a profit which is 21% of the original price, if she sells the necklace at $4356. What will be her profit if she sells the necklace at $4250

Answer 1

To calculate Mdm Siti's profit if she sells the necklace at $4250, we need to find the original price of the necklace and then calculate the profit based on that.

Let's assume the original price of the necklace is represented by "P".

Given that Mdm Siti makes a profit of 21% of the original price when she sells the necklace at $4356, we can set up the following equation:

Profit = Selling Price - Original Price

0.21P = $4356 - P

To find P, we can solve the equation:

0.21P + P = $4356

1.21P = $4356

P = $4356 / 1.21

P ≈ $3600

Therefore, the original price of the necklace is approximately $3600.

Now, let's calculate the profit if Mdm Siti sells the necklace at $4250.

Profit = Selling Price - Original Price

Profit = $4250 - $3600

Profit = $650

Therefore, if Mdm Siti sells the necklace at $4250, her profit will be $650.

Explanation: