Question

The owner of a small store buys coats for ​$50.00 each. He sells the coats for ​$90.00 each. What percent of the purchase price is the sale​ price?

Answer 1

80%. 90/50=1.8, which is 80%. 50 x .80 = 40. 50 + 40 = 90.

Answer 2

Divide purchase price by sale price:

50/90 = 5/9 = 0.55555

0.555 x 100 = 55.555%

Round to 55.6%