Question

Simi bought a study table for $ 9000. She sold it at a profit of 20%. How much profit did she make? What is the selling price?

Answer 1

cost price of a table=$9000

profit%=20%

Let profit be x

to find profit use formula,

profit%=profit/cost price*100

20%=x/$9000*100

20*$9000=100x

$180000/100=x

$1800=x

Now to find selling prie os a table use formula,

cost price +profit

$9000+$1800

$91800

therefore selling price of a table is $91800

Explanation:

Hope this helps u!!