Question

PLEASE HELP MEEEEE
An electronics retailer sells a washing machine at cost price (how much the retailer paid for it) of $400 with a profit of 20%. What price does the customer pay?

Answer 1

Answer:

$480

Step-by-step explanation:

They sold the machine for $400 but made a profit of 20%.

This mean you would take 400 × .20

This gives you 80

That means the retailer got an extra 20% or $80

for the washing machine.

$400 + $80 = $480