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A store pays a wholesale price of $12.00 for the hat. If they plan to make a 25% profit, what will the retail price of the hat be?
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18 votes
A store pays a wholesale price of $12.00 for the hat. If they plan to make a 25% profit, what will the retail price of the hat be?

User ZlobnyiSerg
by
3.1k points

1 Answer

9 votes

Answer:

  • $15

Explanation:

  • Wholesale price = $12.00
  • Profit = 25%

Retail price is:

  • 12 + 25% =
  • 12*1.25 =
  • $15
User Muru Bakthavachalam
by
3.5k points
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