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a retailer buys a radio from the wholesaler for $75.he then marks up the price by 1/3 and sells it at a discount of 20%.what was his profit on the radio?
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a retailer buys a radio from the wholesaler for $75.he then marks up the price by 1/3 and sells it at a discount of 20%.what was his profit on the radio?

User Dnyaneshwar
by
7.9k points

2 Answers

4 votes
4.99 i think aha and seeing as thought another person got it its probably right
User Nigel Earle
by
7.7k points
4 votes
he makes it up by 1/3=.333%=$75*1.333=$99.98
he then discounts it by 20%=1/5=99.98/5=$19.99
If the original profit is $99.98-$75=$24.98
and then discounted by $19.99
it would be $24.98-$19.99
=
$4.99
User MgPePe
by
8.2k points
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