Diana bought a car for $5000 and plans to sell it to make a 20% profit. What should she sell it for to make the profit she desires?

Question

Maddox Cochran

Mathematics

19 April, 18:58

Diana bought a car for $5000 and plans to sell it to make a 20% profit. What should she sell it for to make the profit she desires?

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Answers (2)

Know the Answer?

Tristian Randolph · Answer 1

0.20*5000 = 1000

she needs to sell it for 5000+1000

therefore she needs to sell it for 6000$

Sonny Rhodes · Answer 2

You need to know 20% of $5000. "Of" means "times".

$5000 x 0.20 (which is 20% written as a decimal)

=$1000 profit she wants to make

$5000 (original price) + $1000 (profit) = $6000 (sale price)