What is the amount 4 percent profit?
3. John bought a laptop for \(x\) dollars and sold it at a 4 percent profit. Which of the following gives the amount of his profit?
- \(\$ 1.04x\)
- \($ 0.96x\)
- \($ 0.04x\)
- \($ 0.4x\)
- \($ 0.6x\)
Convert the percentage of profit, 4% into a decimal
To get the amount of profit we need to multiply this decimal number with \(x\) value in dollars, i.e.
The answer is: A