# A merchant

A merchant sold an item for P8520.00 making a profit equal to 1/6 of his selling price. What was the amount of his profit?

## Correct answer:

Tips for related online calculators

Need help calculating sum, simplifying, or multiplying fractions? Try our fraction calculator.

### You need to know the following knowledge to solve this word math problem:

### Units of physical quantities:

### Grade of the word problem:

## Related math problems and questions:

- A merchant 2

A merchant bought some items for P175.00 a dozen less 20% and sold them at a profit of 35% of the selling price. What was the selling price of one item? - Cost and sell price

A wholesaler sold items at a profit of 20% of the sales, which was a profit of P52.80. What were the cost price and selling price of the item? - Petra 6

Petra sold an item for 4000 and made a 40% profit. What was the cost price of the product? - Markup 2

A store manager paid $74 for an item and set the selling price at $102.86. What was the percent markup?

- Cost and profit

Find the cost price of an article that was sold for 90.00 at a profit of 20 percent. - A mobile

A mobile phone and a tablet were sold at a profit of 10% and a loss of 8% respectively . If the cost price of the mobile is 1.5 times that of the tablet what is the overall percentage earned by selling both the articles? - The cost price

Find the cost price of a piano that was sold at $12,000, on which a profit of 20% was made on cost.