Question

A shoe store charges $39 for a certain type of sneakers. This price is 30% more than the amount it costs the show to buy one pair of these sneakers.

A) $25
B) $30
C) $33
D) $35

Answer 1

The cost to the store for one pair of sneakers is found by dividing the selling price, $39, by 1.30, resulting in the store's cost of $30.

Step-by-step explanation:

To calculate the cost to the store of one pair of sneakers, we need to work back from the final price and subtract the 30% markup. The final price is given as $39, so let's denote the store's cost price as C. The equation to represent the price relationship is:

39 =

C

+ 0.30

C

We combine the like terms to solve for C:

39 = 1.30

C

Next, we divide both sides by 1.30 to find the store's cost:

C

= 39 / 1.30

C

= 30

Thus, the shoe store bought the pair of sneakers for $30. The correct answer is B) $30.