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Ogzewalla302 Ogzewalla302
  • 19-05-2014
  • Mathematics
Answered

A retailer buys a radio from the wholesaler for $75.00. He then marks up the price by 1/3 and sells it at a discount of 20 %. What was his profit on the radio (to the nearest cent)?

Verified Answer :

Donaghycaitlin Donaghycaitlin
  • 19-05-2014

He sells it at $80 which gives him a profit of $5!

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