Answer:
Step-by-step explanation:
A)The owner of a small store buys coats for 50.00$ each. She sells the coats for 90.00 each.
Profit = selling price - cost price
Profit = 90-50 = $40
percent of the purchase price is the selling price will be
Purchase or cost price/selling price × 100
= 50/90 ×100 = 55.56%
B) she buys jackets for $35 and sells them. The owner increases the sale price the same percent as in part A.
This means
Cost price /selling price × 100 = 55.56
35/selling price × 100 = 55.56
35×100 = 55.56 × selling price
Selling price = 3500/55.56 = 62.99
To find the number of jackets that the owner must buy for the total jacket sales to be at least $250,it becomes
250/62.99 = 3.96
The Least number of jackets jackets is 4. She cannot buy 3.96 jackets because it must be whole. If he buys 3 jackets, he would make lesser than $250
