Question

The store owner put 10 Tshirts on clearance. The Tshirts were originally priced at $22.00 each. The owner marked down the price of the Tshirts by 40%.

How much money did the store owner receive for selling all 10 Tshirts?

Answer 1

$132

Explanation:

Looks like $22.00 was the price at 100%

The owner marks the price down by 40%, making the total price 60% of $22 because 100%-40% is 60%

We can set up a ratio

60%. X

-------. =. ------

100%. $22

Cross multiplying makes it (100)(x) = (60)(22)

100x = 1,320

Dividing both by 100 to get X alone

x = 13.2

Each shirt is now $13.20

Last, but not least, we multiply by 10 because he sold 10 shirts

= $132