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(a) A retailer bought a compact disc form a manufacturer for $20. In addition to that he paid a 15% value-added tax. If he sold the disc to a custmer for $26, calculate the cash profit he made. (use this question for question below)

(b) The manufacturer later increased the price of the compact disc by 20%. At the same time, the value- added tax was increased to 25%.
( use for below question answer: $30) ^^^^

(i) If the retailer made the same cash profit as before,calculate the price a customer had to pay for a disc.

User Cloud Artisans
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23 votes
23 votes

Answer:

$23

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User Apparao
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