a distributor sells a product through an online store, which take a commission of 20 % of the price set by the distributor. the distributor obtains the product from a producer at the price of $ 16 per item. what is the price that the buyer observers online if the distributor wants to maintain a 20 % profit on the cost of the item? Choose the correct choice from the following answers:
A) $ 20
B) $ 21
C) $ 22
D) $ 23
E) $ 24
<gadget id="calculator">20 / 100</gadget>
<output>1/5 = around 0.2</output>

<gadget id="calculator">(1/5) * 16</gadget>
<output>16/5 = around 3.2</output>

<gadget id="calculator">(16/5) + 16</gadget>
<output>96/5 = around 19.2</output>

<gadget id="calculator">100 - 20</gadget>
<output>80</output>

<gadget id="calculator">80 / 100</gadget>
<output>4/5 = around 0.8</output>

<gadget id="calculator">(96/5) / (4/5)</gadget>
<output>24</output>

<result>E</result>
a distributor sells a product through an online store, which take a commission of 20 % of the price set by the distributor. the distributor obtains the product from a producer at the price of $ 16 per item. what is the price that the buyer observers online if the distributor wants to maintain a 20 % profit on the cost of the item?
divide(add(multiply(divide(20, const_100), 16), 16), divide(subtract(const_100, 20), const_100))
let x be the price that buyers see online . the distributor wants to receive 1.2 ( original price ) which should be 80 % of x . 1.2 ( 16 ) = 0.8 x x = 1.2 ( 16 ) / 0.8 = 1.5 ( 16 ) = $ 24 the answer is e .