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Home > MC2 > Chapter 10 > Lesson 10.2.4 > Problem 10-121

10-121.

If Leonard wants to make a 40% profit on each package, he needs to sell each package at 140% of the original cost.

Since the new price is 140% of the original cost, $2.25, how much is the increase and what would the new price be?

Increase: $0.90
New Price: $3.15