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Any answer needed for practice for next subject study

Any answer needed for practice for next subject study-example-1
User KanUXD
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Answer:

The Stores profit is 70% or $59.5

How?

The reason is because if it's selling it for 100% of the price, then that means that the store bought it for 85 dollars, and it's selling it for 85 dollars, and that's 0% profit. But because the store has bought it for 100%, and then it's charging another 70% of the price, so the store's profit is 70%.

Now, we find 70% of 85 dollars, which will be the STORE'S PROFIT AMOUNT!

1. Convert percentages into fractions or decimals

For fraction: divide 70 by 100 and remove the % sign.


{70}\%=(70)/(100)

For decimal: move the decimal point 2 places to the left and remove the % sign.


{70}\%=0.7

2. Multiply the decimal or fraction by the quantity that equals 100%


100%
=85


(70)/(100) *85=0.7*85=59.5

70% of 85 is 59.5

Store's profit is $59.5

Extra info:

170% of 85 = 144.5

70% of 85 = 59.5

User HYS
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