$X = Store's cost.
Selling Price = X + 0.5X
X + 0.5X = 300
1.5x = 300
X = $200
100%-30% = 70%
Employees Cost = 0.7 * 200 = $140.
An upscale clothing boutique charges $300 for a brand name pair of jeans, which is 50% more than the amount it costs the store to buy one pair of these jeans. As a benefit of working there, employees can purchase the pair of jeans at 30% off the store's cost. How much (in $) would it cost for an employee to purchase a pair of jeans?
3 answers
210
Henry is incorrect.
Employees Cost = 0.7 * 300 = $210
NOT 200, 300
Employees Cost = 0.7 * 300 = $210
NOT 200, 300
1 answer