Ayodeji made a profit of 28percent on an article he bought for 3600.00 . how much did he sell the article?
1.28 * 3600 = ?
To calculate the selling price of the article, we need to first find the profit amount.
Step 1: Convert the profit percentage to a decimal by dividing it by 100:
28% / 100 = 0.28
Step 2: Multiply the cost price by the profit percentage to find the profit amount:
Profit amount = 0.28 * $3600.00 = $1008.00
Step 3: Add the profit amount to the cost price to find the selling price:
Selling price = Cost price + Profit amount
Selling price = $3600.00 + $1008.00 = $4608.00
Therefore, Ayodeji sold the article for $4608.00.
To find out how much Ayodeji sold the article for, we need to calculate the 28% profit on the cost price of the article.
Step 1: Calculate the profit amount
Profit = 28% of 3600.00
To calculate the profit amount, we multiply the cost price by the percentage profit, which can be found by dividing the percentage by 100:
Profit Amount = (28 / 100) * 3600.00
Step 2: Calculate the selling price
Selling Price = Cost Price + Profit Amount
Now we can calculate the selling price:
Selling Price = 3600.00 + Profit Amount
Let's calculate the profit amount and final selling price:
Profit Amount = (28 / 100) * 3600.00
Profit Amount = 1008.00
Selling Price = 3600.00 + 1008.00
Selling Price = 4608.00
Therefore, Ayodeji sold the article for 4608.00 dollars.