Mrs Chan will make a profit which is 12% of the original price, if she sells the necklace at $4256. What will be her profit if she sells the necklace at $4340?

Question

Mrs Chan will make a profit which is 12% of the original price, if she sells the necklace at $4256. What will be her profit if she sells the necklace at $4340?
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Solution 1

To solve this problem, we first need to find the original price of the necklace.

  1. We know that $4256 is 112% of the original price because it includes Mrs. Chan's 12% profit.

  2. To find the original price, we divide $4256 by 112% (or 1.12 in decimal form).

  3. $4256 ÷ 1.12 = $3800. This is th Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solve study prob

Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solve study problem.
Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solve study problem.
Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solve study problem.
Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solv

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