Math Problem Statement

Solve the problem. Choose the letter of the correct answer.  

A trader has bought a merchandise for 1 350. He wants to gain a profit of 25%. At what price should he sell the merchandise?

Select one:

a.

1 687.5

b.

18

c.

150

d.

239.25

Solution

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Math Problem Analysis

Mathematical Concepts

Percentage Profit
Basic Arithmetic

Formulas

Selling Price = Cost Price + (Cost Price × Profit Percentage)

Theorems

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Suitable Grade Level

Grades 6-8