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Mr Ali would make a profit of 59% if he sells his watch at $4611. Find out how much profit he would get if he sold his watch at $5000.

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Solution 1

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  1. Determine the cost price (CP) of the watch:
    • Given that Mr. Ali would make a profit of 59% if he sells the watch at $4611.
    • Let the cost price be CP CP .
    • Profit percentage is given by the formula: [ \text{Profit Percentage} = \l Knowee AI is a powerful AI-powered study tool designed to help you to solve study problem.
Knowee AI  is a powerful AI-powered study tool designed to help you to solve study problem.
Knowee AI  is a powerful AI-powered study tool designed to help you to solve study problem.
Knowee AI  is a powerful AI-powered study tool designed to help you to solve study problem.
Knowee AI  is a powerful AI-powered study tool designed to help you to solve study problem.
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