Question

The owner of a small store buys coats for $40.00 each .she sells the coats for $7200 each. What percent of the purchase price is the sale price?

Answer 1

.0056 because 1% is 72 so you know it’s going to have to be less then 72. So to get your percent you divide 40 by 7200 so 40/7200. This will get you .00555556 which I rounded to .0056