document.write( "Question 1172901: Baka sold article for $6900 and made a profit of 15%. Calculate his profit if he had sold it for $ 6600 \n" ); document.write( "
Algebra.Com's Answer #798057 by Edwin McCravy(20056)\"\" \"About 
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document.write( "There are two quantities that somebody could mean by the word \"profit\".\r\n" );
document.write( "There's money profit and there's percentage profit.\r\n" );
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document.write( "X = how much Baka paid for the article.\r\n" );
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document.write( "0.15 = his percentage profit expressed as a decimal\r\n" );
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document.write( "0.15X = his money profit\r\n" );
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document.write( "Add the money he paid and his profit and get how much he sold it for:\r\n" );
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document.write( "    X + 0.15X = 6900\r\n" );
document.write( "1.00X + 0.15X = 6900\r\n" );
document.write( "        1.15X = 6900\r\n" );
document.write( "            X = 6900/1.15\r\n" );
document.write( "            X = 6000      <--what Baka paid for the article\r\n" );
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document.write( "If he had sold it for only $6600, the money value of his profit would have been\r\n" );
document.write( "$6600 - $6000 = $600.\r\n" );
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document.write( "To find what percentage $600 is of $6000 we divide 600/6000 = 0.10 = 10%.\r\n" );
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document.write( "The money profit would have been $600 and the percentage profit would have been\r\n" );
document.write( "10%.\r\n" );
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document.write( "Edwin

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