The point LaTeX: \left(-1,\:5\right)( − 1 , 5 ) is the solution for the following system of equations
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The cost price of 1 jacket is $23.25 and the cost price of 3 jackets is $69.75.
<h3>What is the cost price?</h3>Cost price is the total amount of money to produce a given product or provide a given service.
Given cost prices for jackets are,
Jackets Cost Price
2 46.5
5 116. 25
7 162. 75
We need to calculate the cost price of 3 jackets. First, we need to find out the cost price of one jacket.
Now the cost price of 3 jackets is given as,
Hence we can conclude that the cost price of 3 jackets is $69.75.
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