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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 4674.Whatwillbeherprofitifshesellsthenecklaceat4674. What will be her profit if she sells the necklace at 4240?

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Solution

To solve this problem, we first need to find the original price of the necklace.

  1. We know that $4674 is 123% of the original price (100% original price + 23% profit).

  2. To find the original price, we divide $4674 by 123 and multiply by 100.

  3. Once we have the original price, we can calculate the profit if the necklace is sold at $4240.

  4. The profit is the selling price ($4240) minus the original price.

Let's calculate it.

  1. Original price = (4674/123)100=4674 / 123) * 100 = 3800

  2. Profit if sold at 4240=4240 = 4240 - 3800=3800 = 440

So, if Mdm Farah sells the necklace at 4240,herprofitwillbe4240, her profit will be 440.

This problem has been solved

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