Question

A dealer paid $6000 for a used car. He wants to make a 25% profit when he sells the car.

Answer 1

• The profit amount is $1500 and the selling price is $7500

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Add 25% profit to cost price $6000 to get the selling price:

• $6000 + 25% of $6000 =
• $6000 + 0.25* $6000 =
• $6000 + $1500 =
• $7500