Question

A shopkeeper bought fertiliser worth $8000 from the city and on transportation.If he wants to make profit of 20% for how much should he sell it on material?

Answer 1

$8000 (total cost of fertilizer + transport.)
x 20% (markup for retailing it)
= $1600 (needs to add to the $8000 to make 20% profit)

Total price for fertilizer $9600.00