SOLUTION: need 2 know formula 4 working out percentage on sale ie: $150 is the cost, i won't to make a profit of 25 % on the sale of the item

Algebra ->  Percentages: Solvers, Trainers, Word Problems and pie charts -> SOLUTION: need 2 know formula 4 working out percentage on sale ie: $150 is the cost, i won't to make a profit of 25 % on the sale of the item      Log On


   



Question 1730: need 2 know formula 4 working out percentage on sale ie: $150 is the cost, i won't to make a profit of 25 % on the sale of the item
Found 2 solutions by Valkres, longjonsilver:
Answer by Valkres(2) About Me  (Show Source):
You can put this solution on YOUR website!
150 times 1.25
150*1.25=187.50

Answer by longjonsilver(2297) About Me  (Show Source):
You can put this solution on YOUR website!
You want to make a 25 per cent profit..."PER CENT"..."per 100".."out of 100" ie 25 out of 100 is 25%2F100
so, in English..what is 25% of 150?
in maths... what is %2825%2F100%29%2A150? Answer is 37.5.
So, this is the profit. So to make this profit, you would have to sell the item for 150+37.50 = 187.50.
Doing all this is condensed into the 1 line by the other tutor...but here is the explanation.
Try figuring out how to get to that one line answer from what i told you.
cheers
Jon.