A trader made a profit of 8% after selling a radio for $250 how much would she have to sell the radio to make a 15% profit
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Answer:
$468.75
Step-by-step explanation:
8% profit= $250
1% profit=$250/8= $31.25
More profit to make= 7% profit
Therefore 7% profit= $31.25*7
= $218.75
Therefore she should sell the radio for 15% profit= $250+218.75
= $250.00+218.75
= $468.75
Hope it helps.
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