Question

A businessman bought a personal computer for $10,768. Calculate the selling price of the personal computer if he made a profit of 12 percentage​

Answer 1

$12,060

Explanation:

LET selling price be rep by x

since he made a profit of 12%, we then add to 100%

100% + 12% = 112%.

to find the selling price, we multiply cost price by 112%

112% x $10768 =

112 / 100 x $10,768

= 1.12 x $10,768 = 12,060

selling price = $12,060.