Sunday, May 5, 2013

A man buys a dozen cameras for $1800. He sells them at a profit of $36 each. Find his profit as a percentage of the selling price.

 Aman buys a dozen cameras for $1800. He sells them at a
profit of $36 each. Find his profit as a percentage of the selling
price.


Buying price of one camera=
1800/12


=150 $


Selling price
of one camera=
150+36


=186


Selling price $
186   then profit   = $36


If selling price $100 then
profit=(36 x
100)/186


=19.35


 Profit
as a percentage of the selling price=19.35

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