A retailer buys a radio from the wholesaler for $75.00. He then marks up the price by 1/3 and sells it at a discount of 20%. What was his profit on the radio (to the nearest cent)?

Question

Donaghycaitlin · Answer

He sells it at $80 which gives him a profit of $5!

A retailer buys a radio from the wholesaler for $75.00. He then marks up the price by 1/3 and sells it at a discount of 20%. What was his profit on the radio (to the nearest cent)?

Answer (1)

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