Question

Diana bought a car for $5000 and plans to sell it to make a 20% profit. What should she sell it for to make the profit she desires?
Responses

A $1,000$1,000

B $4,000$4,000

C $5,100$5,100

D $6,000$6,000

E $100,000

Answer 1

20% of \$5,000 = \$1,000, so selling price = \$5,000 + \$1,000 = \$6,000. Answer: D (\$6,000).