SOLUTION: A retailer pays $120 for a stereo and sells it for $195. The retailer's profit is what percent of the price he paid for the stereo?

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Question 23170: A retailer pays $120 for a stereo and sells it for $195. The
retailer's profit is what percent of the price he paid for the stereo?

Answer by stanbon(57387) About Me  (Show Source):
You can put this solution on YOUR website!
He gained 195-120 = $75 on the sale.
Divide 75 by 120 and you will get the
percent profit.
Cheers,
Stan H.