Question

Elsie bought a video game for $85. 0. If the store charges 170% of its cost for the game, how much is the store’s profit?

$144. 5
$ 50
$35
$135

Answer 1

The cost of the game for the store is 100% + 70% = 170% of the cost, which is 1.7 times the cost. We can find the cost of the game for the store by dividing the sale price by 1.7:

Cost = 85 / 1.7 = $50

The profit for the store is the sale price minus the cost:

Profit = 85 - 50 = $35

Therefore, the store's profit is $35. Answer: $35.