A particular style of sunglasses costs the retailer $85.00 per pair. At which price should the retailer mark them so he can sell them at a 15% discount off the original price and still make 25% profit on his cost
3 answers
Don't know original price, but to make 25% profit, $85 * 1.25 = ?
original selling price ---- x
.85x = 1.25(85)
x = 125
The marked selling price should be $125
check:
selling price after discount = .85(125) = 106.25
profit = 106.25 - 85 = 21.25
percentage profit = 21.25/85 = .25 or 25%
looks good
.85x = 1.25(85)
x = 125
The marked selling price should be $125
check:
selling price after discount = .85(125) = 106.25
profit = 106.25 - 85 = 21.25
percentage profit = 21.25/85 = .25 or 25%
looks good
0.85x = 85 * 1.25
so x = 85*1.25/0.85 = ____
so x = 85*1.25/0.85 = ____