Algebra problem help?

ctccbctccb
in Education & Reference

A textbook costs a bookstore $52, and the store sells it for $65. Find the rate of profit based in the selling price.

____________%

Comments

  • sachinsachin

    cost price(c.p) = $52

    selling price(s.p) = $65

    profit = S.p-c.p = 13

    let % of profit be x

    so

    x% of cp = 13

    or (x/100)*52=13

    or x=1300/52

    so x = 25%

    so rate of profit = 25%

  • dan-roberts_60bde16bb889bdan-roberts_60bde16bb889b

    13/65 is profit based on SELLING price

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