SOLUTION: If a ring costs a jeweler $170, at what price should it be sold to yield a profit of 50% on the selling price? The answer is not 255 which is what I figured it to be 170 + 170(.

SOLUTION: If a ring costs a jeweler $170, at what price should it be sold to yield a profit of 50% on the selling price? The answer is not 255 which is what I figured it to be 170 + 170(.

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Question 339593: If a ring costs a jeweler $170, at what price should it be sold to yield a profit of 50% on the selling price?
The answer is not 255 which is what I figured it to be 170 + 170(.50)=255
Answer by rfer(16322) (Show Source): You can put this solution on YOUR website!
100% makeup gives you a 50% profit from the selling price.
$340
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