A necklace is bought for $ 72 . Later, it is sold with a profit of 15 % . How much is the necklace sold for? $_________ After selling the necklace, how much money has been made? $________

Answer 1

Profit would be 15% of the original cost which is (0.15)(72) = $10.80 is the amount of money made.

The total selling price = 72+10.80 = $82.80 is what the necklace sold for.

Answer 2

In this problem you have to pay attention how to find the % of a number. To do that you divide the giving percent by 100 and your answer is now in decimal. With that in mind , let solve this beautiful problem, that was already solved by a great tutor Denise!!.

1) You need to pay attention to what exactly the problem asking for: How much do you paid for the necklace and how much was sold later

let answer those questions: a) Cost of the necklace $72. b) it is sold for 15% of it original price .

15% /100 = 0.15 x$72 = $10.80. Sold for $72 + $10.80 = $82.80

2) After selling the necklace $10.80 was the amount of money made .