Esme buys jackets for $500 each and prices them for $700 each. If the selling price is reduced by 20%, what's the profit percentage? Please help

12%

The cost Esme increased was 200, but then she reduced 20%of 700, which gives 140 dollars reduced. So, we subtract 140 from 200, which is 60 to find the actual increase.

Now, we follow the simple rules of percentage change

Increase divided by original times 100.

So, 60 divided by 500( not 700) times 100 = 12

Katie invests $5,000 in an account earning 4% interest, compounded annually for 5 years. two years after katie's initial investment, emily invests $10,000 in an account earning 4% interest, compounded annually for 3 years. given that no additional deposits are made, compare the amount of interest earned after the interest period ends for each account. (round to the nearest dollar)