Question

Shop keeper buys a television from a manufacture the shopkeeper sells the television for $ 2700 at a profit 20% how much money did the shop keeper pay the manufacture for the television

Answer 1

$3,240

Explanation:

The computation of the money that have to be paid by the shopkeeper to the manufacture is shown below:

Given that

the sale price of television is $2,700

And, the profit is of 20%

So, the price paid is

= $2,700 + $2,700 × 20%

= $2,700 + $540

= $3,240