Answer :
Answer:
192
Step-by-step explanation:
You have to find 20% of 240.
So write 20% as 20 over 240 in fraction form.
[tex]\frac{20}{240}[/tex]
Since, finding the fraction of a number is same as multiplying the fraction with the number, we have
[tex]\frac{20}{100}[/tex] of 240 = [tex]\frac{20}{100}[/tex] × 240
Therefore, the answer is 48
If you are using a calculator, simply enter 20÷100×240 which will give you 48 as the answer.
Now since it wants to know how much you paid for the goods you do 240-48=192
So since a company is selling goods with a 20% profit
That means they bought it from somewhere else
Because they had to be manufactured
It wants how much the company paid the company that manufactured the goods
I hope this helped. Some resources that are helpful to look at in case of any more confusion are:
https://answers.everydaycalculation.com/percent-of/20-240
https://www.mathsisfun.com/
https://www.ixl.com/
Good luck young mathematician!