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23 January, 10:01

If a merchant purchased a sofa from a manufacturer for $400 and then sold it, what was the selling price of the sofa?

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  1. 23 January, 10:04
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    The selling price is the same amount in which merchant sold the sofa.

    Step-by-step explanation:

    Cost Price is the amount in which a person buys the item.

    Selling Price is the amount in which a person sells the item.

    The merchant purchased a sofa from a manufacturer for $400 then this price $400 is the Cost Price of the sofa.

    Selling Price is the amount in which the merchant sold the sofa.
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