A person bought a fridge for \( \$5,000 \).  For how much should he sell it if he wants 20% profit on it?

\(\$ 6000\)

Explanation

20% of 5000 = 1000. In order to gain profit, this amount should be added to the original amount i.e. \(\text { sale price }=5000+1000=\$ 6000\)

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