SOLUTION: a shopkeeper purchased a tv for 12150 and spent 350 on transportation and insurance.if he wants to make a profit of 16% for how much should he sell the tv?

Question 824439: a shopkeeper purchased a tv for 12150 and spent 350 on transportation and insurance.if he wants to make a profit of 16% for how much should he sell the tv?
Answer by TimothyLamb(4379) (Show Source): You can put this solution on YOUR website!
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cost = 12150 + 350
cost = 12500
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sell = cost * 1.16
sell = 12500 * 1.16
sell = $14500.00
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