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A retailer buys a watch for $150 and sells it at a profit of 25%. What is the selling price? (2023)

Practice Questions

1 question
Q1
A retailer buys a watch for $150 and sells it at a profit of 25%. What is the selling price? (2023)
  1. $175
  2. $180
  3. $187.5
  4. $200

Questions & Step-by-step Solutions

1 item
Q
Q: A retailer buys a watch for $150 and sells it at a profit of 25%. What is the selling price? (2023)
Solution: Selling Price = Cost Price + Profit = 150 + (25% of 150) = 150 + 37.5 = $187.5.
Steps: 5

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