1. the cost of a computer is 3500 dollars and the profit percentage is 12% for each computer. find the…

1. the cost of a computer is 3500 dollars and the profit percentage is 12% for each computer. find the profit of the computer. a. 420 dollars b. 480 dollars c. 3080 dollars d. 3920 dollars

1. the cost of a computer is 3500 dollars and the profit percentage is 12% for each computer. find the profit of the computer. a. 420 dollars b. 480 dollars c. 3080 dollars d. 3920 dollars

Answer

Explanation:

Step1: Recall profit - percentage formula

Profit = Cost price×Profit percentage

Step2: Substitute values

Cost price = 3500 dollars, Profit percentage = 12% = 0.12. So, Profit = 3500×0.12

Step3: Calculate the profit

3500×0.12 = 420 dollars

Answer:

A. 420 dollars