Question

After purchasing a flat screen television for $750, John realizes that he got a great deal on it and wishes to sell it for a 15% profit. What should his asking price be for the television? A. $800.30 B. $833.60 C. $842.35 D. $862.50 E. $970.25

Answer 1

Cost price= $750
Profit %= 15%
 Profit   = C.P*15/100
            = 750*15/100= 112.5
Selling price= Profit + C.P
                    = 112.5+750= 862.50
So it's D) $862.50