Question

A gold chain is sold for $635 at a gain of 27 percent on the sale price. Find the profit.

Answer 1

(635*1.27) - 635 = answer

Answer 2

wait thats wrong, i read the question wrong

Answer 3

635 is what it is sold for and the profit is the 27 %, my mistake

Answer 4

but Ill get you the correct answer.

Answer 5

if the item was sold for 635 and that has a 27% profit margin. The original sale price was $500 thus the profit was 135

Answer 6

formula being (635/1.27) = answer(500)

Answer 7

@Juscallmesteve how did we get 1.27?