A merchant bought a refrigerator for $1,055 and marked it to sell for a profit of 30% on the cost. He later sold it for 10% less than the marked price. Find the selling price and the profit.

A merchant bought a refrigerator for $1,055 and marked it to sell for a profit of 30% on the cost. He later sold it for 10% less than the marked price. Find the selling price and the profit.

A merchant bought a refrigerator for $1,055 and marked it to sell for a profit of 30% on the cost. He later sold it for 10% less than the marked price. Find the selling price and the profit.

Original conversation

User: A merchant bought a refrigerator for $1,055 and marked it to sell for a profit of 30% on the cost. He later sold it for 10% less than the marked price. Find the selling price and the profit.

Weegy: A merchant bought a refrigerator for $1,055 and marked it to sell for a profit of 30% on the cost. He later sold it for 10% less than the marked price. Find the ...keys2work.keytrain.com/objects/APLMATH/AMATH5/chapter_404.xml Expert answered|Christ.King23|Points 10|

A merchant bought a refrigerator for $1,055 and marked it to sell for a profit of 30% on the cost. He later sold it for 10% less than the marked price. Price after markup: $1,055*1.3 = $1,371.50 Price after discount: $1,371.50*.9 = $1,234.35 Profit from sale: $1,234.35-1,055 = $179.35

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