document.write( "Question 28174: Hello! I homeschool my daughter, and have the answer to this particular problem, but can't figure out how they arrived at the answer. We may end up finding out that I have to call them to tell them that THEIR answer is incorrect. :)))\r
\n" ); document.write( "\n" ); document.write( "\"A man bought a desk for $125. After spending $75 on repairs, he sold the desk for $350. What was his percent of profit based on the cost?\"\r
\n" ); document.write( "\n" ); document.write( "The answer in the teacher manual is 120%. Can anyone help me, so that I can better explain to my daughter the steps taken to solve this problem? I tried x over 100 times $150 (profit) = $200 (cost). Help! Thanks!
\n" ); document.write( "

Algebra.Com's Answer #15362 by Earlsdon(6294)\"\" \"About 
You can put this solution on YOUR website!
Cost of desk: $125
\n" ); document.write( "Selling price: $350 Subtract cost of repairs ($75)
\n" ); document.write( "Profit is selling price less cost of repairs less cost of desk.
\n" ); document.write( "Profit: ($350 - $75) - $125 = $275 - $125 = $150
\n" ); document.write( "Percent profit = (Profit/cost) X 100
\n" ); document.write( "Percent profit = ($150/$125)X100 = 120%
\n" ); document.write( "
\n" );