Question

A company purchased 10,000 pairs of men’s slacks for $19.66 per pair and marked them up $21.83. What was the selling price of. Each pair of slacks? Use the formula S= C + M. The selling price of each pairs of slacks is ?

Answer 1

Cost price of 10,000 pairs of slacks is C=$19.66 and marked price is M=$21.83.

Then, the selling price of 10,000 pairs of slacks is

`\begin{gathered} S=C+M \\ =19.66+21.83 \\ =41.49 \end{gathered}`

So, the selling price of 10,000 pairs of slacks is $41.49.

Therefore, the selling price of each pair of slacks is

`(41.49)/(10,000)=0.004149`

So, the selling price of each pair of slacks is $0.004149.