Selling the watch for $2000 wipp make the profit of $500 what is the profit per cents if the watch sells for $1800
Steps pls thx
+2353 Aaah that explains a lot. All right, so we know the profit is the amount the watch sells for minus the amount the watch was bought for. From the initial $500 profit we know that the watch was bought for $2000-$500 = $1500. Given that the watch would now sell for $1800 we know there is a profit left of only $1800-$1500 = $300. The percentage of the profit with respect to the total selling price would be $300/$1800*100 = 16.67%
Reinout
+2353 I'm lost in the translation of your question. Might be because I don't know the abbreviation wipp...
Could you be more specific please :)
+2353 Aaah that explains a lot. All right, so we know the profit is the amount the watch sells for minus the amount the watch was bought for. From the initial $500 profit we know that the watch was bought for $2000-$500 = $1500. Given that the watch would now sell for $1800 we know there is a profit left of only $1800-$1500 = $300. The percentage of the profit with respect to the total selling price would be $300/$1800*100 = 16.67%
Reinout
