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