5) A retailer bought a bag for $80 and sold it for $120. Calculate the percentage profit. *

Profit Percentage = 50%

Step-by-step explanation:

Cost price, CP = $80

Selling price, SP = $120

Profit = 120 - 80 = $40

on monday rodney ate 1/4th of the sandwich = 3/12

on tuesday he ate 1/3rd of the sandwich = 4/12

therefore in total he has eaten = 3/12 + 4/12 = 7/12

thus we can say that he has eaten 7/12 of the sandwich on monday and tuesday alltogether.

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