Question

Fernando bought a jacket for 185 and sold it for 1 1/2 what he paid. Marisol spent 1/5 as much as Fernando on the same jacket but sold it for 1/2 as much as Fernando. How much money did Marisol make?

Answer 1

Answer:

Marisol made $138.75 on the sale of the jacket

Step-by-step explanation:

First we are told that Fernando bought a jacket for $185, and sold it for 1 1/12 what he paid.

Therefore, 1 1/2 of 185;

= 1.5 × 185 = $277.5

Therefore, Fernando sold the Jacket for $277.5

Next, we are told that:

Marisol spent 1/5 as much as Fernando on the same jacket

This means that Marisol spent 1/5 of $185 on the jacket

= 1/5 × 185 = 0.2 × 185 = $37

Therefore, Marisol spent $37 to buy the same jacket

Next, Marisol sold the jacket for 1/2 as much as Fernando. Since Fernando sold the Jacket for $277.5, Marisol sold the jacket for 1/2 of 277.5, and this is calculated as:

1/2 of 277.5 = 0.5 × 277.5 = 138.75

Therefore, Marisol made $138.75 on the sale of the jacket.