A store sells plants for $35, which includes a 75% markup. Will the store make a profit, take a loss or break even if it has 75% off sale next week? Explain.
4 answers
PLZ help
let p be the price the store pays for a plant
they sell the plant for ... p + .75 p ... 1.75 p
75% off means 25% of the regular selling price
... .25 * 1.75 p = .4375 p
... this is less than half of what the store initially paid for the plants
they sell the plant for ... p + .75 p ... 1.75 p
75% off means 25% of the regular selling price
... .25 * 1.75 p = .4375 p
... this is less than half of what the store initially paid for the plants
So is the answer : profit
if you sell something for less than half of what you paid for it
is it profit or loss
is it profit or loss
1 answer