How to Calculate the Price of Artwork to Make a 20 Percent Profit

David is selling his art work. He wants to figure out how much he should charge for each painting to make a 20 percent profit.

Options:

Option 1: Use paper and pencil to figure out 20 percent of the cost for each painting.

Option 2: Create a spreadsheet that lists past sales.

Option 3: Create a spreadsheet that totals the cost and calculates 120 percent of the total cost.

Option 4: Use a spreadsheet to find the total cost of paints and brushes.

Answer: Create a spreadsheet that totals the cost and calculates 120 percent of the total cost

David is selling his art work. He wants to figure out how much he should charge for each painting to make a 20 percent profit. He should _____.

create a spreadsheet that totals the cost and calculates 120 percent of the total cost