Question

Mr.Price needs to make 18% profit on all merchandise to cover the cost, over-head, and his net profit. If he buys $17,326 worth of merchandise, what will is selling price be?

Answer 1

I will be needing help with these kind of question.... I need a review on how to do these steps

Answer 2

What class are you currently taking?

Answer 3

Mr Price need to do this Equ cover his job.
0.18 profit of x (Price of Sold goods) = price of buying goods

0.18 × x = 17326
x= 96255.55 $ selling price of merchandise