Percent profit Ace Jewelry Store sold a necklace for $ 144. If the percent profit (based on cost)equals the Cost of the necklace to the store, how much did the Store pay for it? Use P = ( C 100 ) . C Where P is profit and C is cost.
Percent profit Ace Jewelry Store sold a necklace for $ 144. If the percent profit (based on cost)equals the Cost of the necklace to the store, how much did the Store pay for it? Use P = ( C 100 ) . C Where P is profit and C is cost.
Solution Summary: The author explains that the store paid 80 for the necklace. To find the profit, subtract the cost from the selling price.
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