Question 28174
Cost of desk: $125
Selling price: $350 Subtract cost of repairs ($75)
Profit is selling price less cost of repairs less cost of desk.
Profit: ($350 - $75) - $125 = $275 - $125 = $150
Percent profit = (Profit/cost) X 100
Percent profit = ($150/$125)X100 = 120%