160k views
0 votes
A company purchased 10,000 pairs of men's slacks for $19.16 per pair and marked them up $22.43. What was the selling price of each pair of slacks? Use the formula S=C+M

User Antitoxic
by
4.2k points

1 Answer

3 votes

Given that each slack is purchased at $19.16, so the cost price is $19.16

Also given that each slack is marked at $22.43, so the marked price is $22.43

It is asked to use the formula,


S=C+M

Substitute the values and simplify,


S=19.16+22.43=41.59

Thus, the selling price of each pair os slacks is $41.59

User TimWolla
by
4.8k points