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Hey store buys a jacket for $20 then sells it to customers for 80% more than what is the selling price of the jacket

User David Yee
by
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1 Answer

10 votes

Given:

Cost of a jacket = $20

Then sells it to customers for 80% more than.

To find:

The selling price of the jacket

Solution:

We have,

Cost of a jacket = $20

Selling price = cost + 80% of cost

=
20+(80)/(100)* 20

=
20+(8)/(1)* 2

=
20+16

=
36

Therefore, the selling price of the jacket is $20.

User Sahil Grover
by
3.5k points