The owner of a small business buys coats for $60 each. He sells the coat for $72.00 each. What percent of the purchase price is
the sale price?
2 answers:
Answer:
I believe it's 80%, not sure, but type in 72*60% or 72*0.6.
Step-by-step explanation:
Answer:
The sale price of the coats is 160% of the purchase price of the coats.
Step-by-step explanation:
The owner buys the coats at a purchase price= $60
He sells the coats for a selling price= $96
Now, the question is:
The selling price $96 is what percentage of the purchase price $60
step 1: 96= x% of 60
step 2: 96= (x/100)*60
step 3: 96= 6x/10
step 4: 960/6 = x
step 5: x = 160%
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