Question

A man buys a dozen computers for $15,000. He sells each of the computers for $2150. What percent profit does he earn?

Please show work!

Answer 1

We calculate the raised money
raised money=number of computers x price of a computer.
raised money=12($2150)=$25,800

We calculate the profits:
profit=raised money-money spent
profit=$25,800 - $15,000=$10,800

We calculate the percent profit.

$15,000=100%

therefore:

$15,000------------------100%
$10,800------------------ x

x=($10,800 * 100%) / $15,000=72%

Answer: the percent profit will be 72%.