document.write( "Question 646961: If a ring cost a retailer $1200.00, at what price should it be sold to yield a profit of 50% on the selling price? \n" ); document.write( "

Algebra.Com's Answer #406026 by colliefan(242) $\"\"$ $\"About$

You can put this solution on YOUR website!
If the cost of the ring is $1200, the seller needs to add 50% of this cost to make a profit of 50%. You can calculate this by finding 50% and then adding it to the original cost. \r
\n" ); document.write( "\n" ); document.write( "$1200 * 50% = $600
\n" ); document.write( "$1200 + $600 = $1800\r
\n" ); document.write( "\n" ); document.write( "You can also multiply a number by 1 + the percentage written as a decimal to increase that number by that percentage.
\n" ); document.write( "So: $1200 * 1.50 = $1800.
\n" ); document.write( "Or if you wanted to increase it by 25%, multiply the number by 1.25. \n" ); document.write( "

\n" );