Mdm Farah will make a profit which is 23% of the original price, if she sells the necklace at $4674. What will be her profit if she sells the necklace at $4240?
Question
Mdm Farah will make a profit which is 23% of the original price, if she sells the necklace at 4240?
Solution
To solve this problem, we first need to find the original price of the necklace.
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We know that $4674 is 123% of the original price (100% original price + 23% profit).
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To find the original price, we divide $4674 by 123 and multiply by 100.
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Once we have the original price, we can calculate the profit if the necklace is sold at $4240.
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The profit is the selling price ($4240) minus the original price.
Let's calculate it.
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Original price = (3800
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Profit if sold at 4240 - 440
So, if Mdm Farah sells the necklace at 440.
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