ashleymosqueda24 ashleymosqueda24
  • 06-11-2020
  • Mathematics
contestada

A market buys watermelons for $1.25 they want to make a 20% profit what should they charge for the watermelons

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topeadeniran2 topeadeniran2
  • 12-11-2020

Answer: $1.50

Step-by-step explanation:

Cost price of watermelon = $1.25

Profit percent = 20%

Profit = Profit percent × Cost price

= 20% × $1.25

= 20/100 × $1.25

= 0.2 × $1.25

= $0.25

Selling price = Cost price + Profit

Selling price = $1.25 + $0.25

Selling price = $1.50

They should charge $1.50 for the watermelons

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