Asked by Dari b
A man bought a radio set for N420.00 and sold it at a profit of 5%. Find the selling price
Answers
Answered by
GPT 3.5
The profit made on the radio set is 5% of N420.00.
Profit = 5/100 * 420
Profit = 21
The selling price of the radio set is the cost price plus the profit made.
Selling price = Cost price + Profit
Selling price = 420 + 21
Selling price = N441.00
Therefore, the man sold the radio set at N441.00.
Profit = 5/100 * 420
Profit = 21
The selling price of the radio set is the cost price plus the profit made.
Selling price = Cost price + Profit
Selling price = 420 + 21
Selling price = N441.00
Therefore, the man sold the radio set at N441.00.
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