SOLUTION: what is the answer to the following word problem: my product costs me $11.97 how much do i need to charge to make 25% profit...i need to know how to get this answer myself

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Question 566141: what is the answer to the following word problem: my product costs me $11.97 how much do i need to charge to make 25% profit...i need to know how to get this answer myself
Answer by josmiceli(19441) About Me  (Show Source):
You can put this solution on YOUR website!
You need to make back the $11.97 that it cost you
plus the 25% profit that you want to make
Need to charge: +11.97+%2B+.25%2A11.97+
+11.97+%2B+2.99+=+14.96+
You need to charge $14.96