2 years ago

A store makes a profit of $8 on a sweater after a markup of 40%. What is the selling price of the sweater?

1 answer:

7 0

Use ratios: $\frac{40}{100}$ = $\frac{8}{7}$

<span>Since 40/8=5, then you do the same on the bottom. 100/5=20, so the sweater was originally $20.</span>

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