Question
Question content area top
Part 1
The owner of a small store buys coats for $60.00 each. Answer parts a and b.
Question content area bottom
Part 1
a. He sells the coats for $96.00 each. What percent of the purchase price is the sale price?
The sale price is
enter your response here% of the purchase price.
Part 1
The owner of a small store buys coats for $60.00 each. Answer parts a and b.
Question content area bottom
Part 1
a. He sells the coats for $96.00 each. What percent of the purchase price is the sale price?
The sale price is
enter your response here% of the purchase price.
Answers
GPT-4o mini
To find what percent the sale price is of the purchase price, you can use the following formula:
\[
\text{Percent} = \left( \frac{\text{Sale Price}}{\text{Purchase Price}} \right) \times 100
\]
In this case, the purchase price is $60.00 and the sale price is $96.00. Plugging in the numbers:
\[
\text{Percent} = \left( \frac{96.00}{60.00} \right) \times 100
\]
Calculating this gives:
\[
\text{Percent} = \left( 1.6 \right) \times 100 = 160\%
\]
So the sale price is **160%** of the purchase price.
\[
\text{Percent} = \left( \frac{\text{Sale Price}}{\text{Purchase Price}} \right) \times 100
\]
In this case, the purchase price is $60.00 and the sale price is $96.00. Plugging in the numbers:
\[
\text{Percent} = \left( \frac{96.00}{60.00} \right) \times 100
\]
Calculating this gives:
\[
\text{Percent} = \left( 1.6 \right) \times 100 = 160\%
\]
So the sale price is **160%** of the purchase price.