Question

Hey store buys a jacket for $20 then sells it to customers for 80% more than what is the selling price of the jacket

Answer 1

Given:

Cost of a jacket = $20

Then sells it to customers for 80% more than.

To find:

The selling price of the jacket

Solution:

We have,

Cost of a jacket = $20

Selling price = cost + 80% of cost

                     = $20+\dfrac{80}{100}\times 20$

                     = $20+\dfrac{8}{1}\times 2$

                     = $20+16$

                     = $36$

Therefore, the selling price of the jacket is $20.