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.
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
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