Money? (again)

$${\frac{{\mathtt{72\,000}}}{{\mathtt{48}}}}{\mathtt{\,\times\,}}{\mathtt{1.15}} = {\mathtt{1\,725}}$$    So that is $1725

They are expensive radios!

The radios actually cost $72000/48 each

the original cost is 100%, if you add 15% you get 115% which is 1.15.  That is where the 1.15 came from.

If this is too confusing I can break it down better for you.

I am glad you like this site.  We try hard to help people.  Why don't you join up and then we can get to know you.  It is free and easy to do.   

To make a 15% profit he must sell the lot for 1.15*$72000

$${\mathtt{total}} = {\mathtt{1.15}}{\mathtt{\,\times\,}}{\mathtt{72\,000}} \Rightarrow {\mathtt{total}} = {\mathtt{82\,800}}$$

The price per radio is therefore $82800/48

$${\mathtt{radioprice}} = {\frac{{\mathtt{82\,800}}}{{\mathtt{48}}}} \Rightarrow {\mathtt{radioprice}} = {\mathtt{1\,725}}$$  

price per radio = $1725

Pricey radios!

Thanks Alan

Thanks Melody :)