Question

The local clothing store marks up the price that it pays to the clothing manufacturer by 25%. If the selling price of a pair of jeans is $122, how much did the clothing store pay for the jeans?

Answer 1

Answer:the clothing store paid $97.6 for the jeans

Step-by-step explanation:

Let x represent the price at which the clothing store bought the jeans from the manufacturer or the amount paid to the manufacturer.

The local clothing store marks up the price that it pays to the clothing manufacturer by 25%. This means that the selling price for a pair of jeans would be

(25/100 × x ) + x = 0.25x + x = 1.25x

If the selling price of a pair of jeans is $122, it means that

1.25x = 122

x = 122/1.25 = $97.6