Question

Laura buys a chair for $120 she fixed it up and sold it for 20% profit how much profit will she make?

Answer 1

Answer:

$ 144

Step-by-step explanation:

Cost Price = CP = $ 120

Profit % = 20%

$Selling\ price = \dfrac{100+Profit}{100}*CP$

                     $=\dfrac{120}{100}*120$

                     = 12 * 12

                     = $ 144