Question

A store uses a selling price of 125% of the cost of an item. If a pair of jeans has a sale price of $52.50, what does the store owner pay for the pair of jeans?CAN YOU PLEASE ANSWER THIS!

Answer 1

the store owner pays $ 42 for the pair of jeans

Explanation:

we will make an equation that represents the cost of the item and the cost of sale

we will call x at the cost of the item we don't know the price

x * 125/100 = 52.50

Now that we have the equation we just have to clear the x

x = 52.50 / (125/100)

and finally we solve

x = 52.50 / 1.25

x = 42

the store owner pays $ 42 for the pair of jeans