Questions on Algebra: Percentage and Pie Charts answered by real tutors!

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Question 145509: WHAT IS 15% PROFIT IF A BOAT WAS SOLD FOR 15,000
: WHAT IS 15% PROFIT IF A BOAT WAS SOLD FOR 15,000

Answer by stanbon(19062) About Me  (Show Source):
You can put this solution on YOUR website!
WHAT IS 15% PROFIT IF A BOAT WAS SOLD FOR 15,000
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Let the original price be "x".
1.15x = 15000
x = 13043.48
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The profit is 15000-13043.48 = $1956.52
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Cheers,
Stan H.