Answer:
Total inventory: $175,000
Inventory in the stockroom: $35,000.
Inventory on the selling floor: $140,000.
Step-by-step explanation:
Let x be the the total inventory.
We have been given that in the Holiday Shop the manager wants 20% of the total inventory in the stockroom. You placed $35,000 of inventory in the stockroom.
We can set an equation such that 20% of x equals $35,000.
![\frac{20}{100}\cdot x=\$35,000](https://tex.z-dn.net/?f=%5Cfrac%7B20%7D%7B100%7D%5Ccdot%20x%3D%5C%2435%2C000)
![0.20x=\$35,000](https://tex.z-dn.net/?f=0.20x%3D%5C%2435%2C000)
![\frac{0.20x}{0.20}=\frac{\$35,000}{0.20}](https://tex.z-dn.net/?f=%5Cfrac%7B0.20x%7D%7B0.20%7D%3D%5Cfrac%7B%5C%2435%2C000%7D%7B0.20%7D)
![x=\$175,000](https://tex.z-dn.net/?f=x%3D%5C%24175%2C000)
Since $35,000 of inventory in the stockroom, so we will subtract $35,000 from $175,000.
![\text{Amount of the inventory on the selling floor}=\$140,000](https://tex.z-dn.net/?f=%5Ctext%7BAmount%20of%20the%20inventory%20on%20the%20selling%20floor%7D%3D%5C%24140%2C000)
Therefore, $140,000 of the inventory on the selling floor.