201k views
25 votes
a trader made a profit of 35% on an article he bought for $500.00 . how much did he sell the article​

User Callidior
by
5.7k points

2 Answers

8 votes

Answer:

he sold it for 675 so u do 135/100 times 500

User Sahil Ahuja
by
5.8k points
9 votes

Answer:

The trader sold the article for $675

Step-by-step explanation:

Let the selling price = x

x = 500 + profit

Remeber that profit = 35% of cost price

profit = 35% of 500

= 35/100 × 500 = 35 × 5 = $175

x = 500 + 175 = $675

The trader sold the article for $675

User David Pullar
by
6.0k points