Concept explainers
To find: The total income from the sale.
Answer to Problem 58WE
The total income from the sale is
Explanation of Solution
Given information : A discount store bought 12 dozen radios, each to be sold at $15 above cost. The store sold ‘
Total number of radios
Cost price of each radio
Total cost price
Number of radios sold at $15 above cost
Number of radios sold at $4 below cost
Total selling price
Total income from the sale
Total income from the sale
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