Question

3. A merchant sold a pen for $6.90, thereby making a profit of 15% on the cost to her. Calculate:

a. the cost price of the pen to the merchant to the nearest cent.
b. the selling price the merchant should request in order to make a 25% profit instead.

Answer 1

answer for 6.90/15%= 6

answer for 25%= 7.5

Step-by-step explanation: These are answer is all correct there are no mistakes

Answer 2

A.$6.44

B.$8.05

Explanation:

A.$6.90/15%=$0.46-$6.90=$6.44

B.$6.44*25%=$1.61+$6.44=$8.05