SOLUTION: A store sells a watch for a profit of 25 percent of the wholesale cost. What percent of the selling price of the watch is the store's profit?

Algebra ->  Percentage-and-ratio-word-problems -> SOLUTION: A store sells a watch for a profit of 25 percent of the wholesale cost. What percent of the selling price of the watch is the store's profit?      Log On


   



Question 1103404: A store sells a watch for a profit of 25 percent of the wholesale cost. What percent of the selling price of the watch is the store's profit?
Answer by josmiceli(19441) About Me  (Show Source):
You can put this solution on YOUR website!
I'll say the wholesale cost to the store is $80
You are given that the selling price is:
+80+%2B+.25%2A80+=+80+%2B+20+
+80+%2B+20+=+100+
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The store's profit is +100+-+80+=+20+
+%28+20%2F100+%29%2A100+=+20+
The profit is 20% of the selling price