Question

The owner increases the sale price by 120% when buys jackets for ​$45 and sells them. How many jackets must the owner buy for the total jacket sales to be at least ​$​370? Explain your answer.

Answer 1

Explanation:

Buys for $45 and increased the price by 120%

The new price is (45*120)/ 100 = $54

$370 /$54 ≈ 6.8

The owner must buy at least 7 jackets.

7*54 = $378

378 > 370