Question

The marked price of a bag is $900. If the bag is sold at the marked price, then the percentage profit is 50%. If the bag is sold at a 20% discount on the marked price, then the profit is $___?

Answer 1

Oops. Let's try again.

Answer 2

so messy...i didn't understand it..

Answer 3

x + 50% = $900

Answer 4

OHH

Answer 5

x+50%??

Answer 6

x * 1.5 = 900.
Calculate x

Answer 7

To calculate the profit we need to find out how much the shopowner paid for it

Answer 8

That would be x

Answer 9

x=300

Answer 10

300 + 50% = 450

Answer 11

ohh, calculation mistake
1800

Answer 12

LOL. That would not be a profit would it?

Answer 13

what?

Answer 14

Take some number and add half to it to get $900 so technically it is
x + x + x = 900

Answer 15

are you sure "+" ?

Answer 16

Yes
3x = 900

Answer 17

x=300? -_-?

Answer 18

REmember we want 2 x

Answer 19

600

Answer 20

600 + 50% = ?

Answer 21

Price = $900 - 20%
New profit = Price - $600.

Answer 22

Half of 900 is 450 thats how much it cost to make ice. 20 percent of 900 is 180 so at 20 percent discount ice sells for 620. 620 minus 450 is your profit

Answer 23

600+50% ?

Answer 24

Dios mio guys essy math

Answer 25

Really easy math.

Except that 900-180 = 720

And if the cost price is $450 dollars then $900 would be 100% profit, not 50%.

Answer 26

kryton, what is 50% of 600?

Answer 27

Selling price minus principal equals profit

Answer 28

If your selling price is 900 and your profit is 50% of 900 then the principal is 450

Answer 29

My mistake then. You still got the other one wrong. $900-$180 = $720

Answer 30

I did

Answer 31

We lost kryton along the way.

Answer 32

720 minus 450 is the new profit at 20 percent off

Answer 33

i have a doubt in this one.
c.p+profit=s.p. now...its given that profit is 50% when sold at 900$.profit is always relative to c.p.so this means 50% profit=c.p/2.from this c.p+c.p/2=900. 3 x c.p/2=900.we get c.p=600 and profit as 300. if sold at 20% discount,s.p=720.then profit =720-600=120$
Am i doing it wrong?? @cheme @Mandre @kryton1212

Answer 34

cheme disagrees with you. I don't know financial nomenclature so I was winging it with plain math.

Answer 35

And I presumed if you paid 450 for something and sold it for 900 your profit would be 100%

Answer 36

that is correct

Answer 37

@Luigi0210 @evilmath some help guys

Answer 38

@RANE @Ryaan @Imtiaz7

Answer 39

why is your q' closed?

Answer 40

it cannot open again, never mind, just answer is ok

Answer 41

@chmvijay

Answer 42

selling price=cost price +profit.. given that s.p=900$ and corresponding profit is 50%.
profit means the additional money we make over a bargain

Answer 43

@kryton1212 okay so far?

Answer 44

let me think.........

Answer 45

ok
(1+50%)x=900
x=600
600*20%=120

Answer 46

is it

Answer 47

how did you come up with that :)

Answer 48

something wrong ?? ><

Answer 49

i don't get the (1+50%)x=900 stuff

Answer 50

i think it's totally wrong...
it doesn't make sense -_-

Answer 51

just know that profit is always relative to cost price.i.e the price at which you buy an item

Answer 52

the price at which you sell it to some guy is your selling price

Answer 53

why the price + % ?
does it make sense? i didn't understand

Answer 54

where is price + % ??

Answer 55

cost price + percentage profit

Answer 56

lets say cost price of a pup labrador =50$...now you want to sell it to a friend for 70$.If you do sell it..your profit will be 20$.your profit % will be 40%. to calculate profit %............. do 20=c.p*x/100. c.p=50%.so 20=50/100 *x..we get 20=x/2.=> x=40%

Answer 57

@kryton1212

Answer 58

ok