SOLUTION: A trader bought an electric iron for $1,200.00 and sold it for $1,680.00. what was the percentage profit?

Question 847100: A trader bought an electric iron for $1,200.00 and sold it for $1,680.00. what was the percentage profit?
Answer by ewatrrr(24785) (Show Source): You can put this solution on YOUR website!

 

Hi,

 = 40%

CHECKING our answer***

 $1200 + .40($1200) = $1200 + $480 = $1680

Wish You the Best in your Studies.



 

RELATED QUESTIONS

a sport trader bought a basketball jersey for 1,500.00 pesos subject to a 35% trade... (answered by Boreal)
A trader sold an article at a profit of 18%. Had it been sold for Rs.222 more, he would... (answered by dkppathak)
A trader buys an item for 50naira and sells it for 60naira what is his percentage... (answered by fractalier)
Tom purchased an electric drill for $280 and later sold it for $350. What percentage... (answered by chen.aavaz,ikleyn,MathTherapy)
A trader bought a watch and sold it at 30% more than its original cost. How much did the
 (answered by swincher4391)
A dealer bought a diamond for #x and sold it for 165500.What was the... (answered by ewatrrr)
A man has an investment of 13,760.00 in cash for equipment. His estimates of the year... (answered by Theo)
It costs $500 to build a lemonade stand (including permits, etc.) and $1.00/cup to... (answered by ikleyn)
A trader bought paraffin for $500. He paid $x for each litre.
a) Due to a leak he lost 3  (answered by mananth)