A retailer buys aradio from the wholesaler for $75. He then marks up the price by 1/3 and sells it at a discount of 20% . what was his profit on the radio?

A retailer buys aradio from the wholesaler for $75. He then marks up the price by 1/3 and sells it at a discount of 20% . what was his profit on the radio? Correct Answer $5.00

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