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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?
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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
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