94.4k views
3 votes
When an article is sold for 1200 there is 10% profit at what price should it be sold to gain 20%​

User DelGurth
by
8.9k points

1 Answer

3 votes

Explanation:

When an article is sold for 1200 there is 10% profit at what price should it be sold to gain 20%​.

find the base price without any profit:

$1,200/1.1 = $1,090.9090901

to gain 20%:

$1,090.9090901 * 1.2 = $1,309.09 (rounded)

User Mwrichardson
by
8.8k points

No related questions found

Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

9.4m questions

12.2m answers

Categories