Elementary Algebra

by Kaufmann, Jerome; Schwitters, Karen;

Published by Cengage Learning

ISBN 10: 1285194055

ISBN 13: 978-1-28519-405-9

Chapter 4 - Proportions, Percents, and Solving Inequalities - 4.3 - More on Percents and Problem Solving - Problem Set 4.3 - Page 162: 51

Answer

Yes

Work Step by Step

Profit is based on selling price. Because 10 is 20% of 50, the claim that she is making a 20% profit is correct.

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