Veronica Foaley sells evening jackets sewn with metallic threads and beads. She wants to set a price of $600 for a jacket. The markup she wants is 60% of the selling price. What is the most she can pay for the jacket?
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OpenStudy (anonymous):
@amistre64
OpenStudy (anonymous):
@andrewhaze
OpenStudy (anonymous):
@bohotness
OpenStudy (anonymous):
@justine0426
OpenStudy (anonymous):
@ChipperJay*
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OpenStudy (anonymous):
@alexalas
OpenStudy (anonymous):
@Michele_Laino
OpenStudy (michele_laino):
If I call with p the selling price, then we have:
\[\frac{{60}}{{100}} \times p = 600\]
OpenStudy (anonymous):
mhmm
OpenStudy (michele_laino):
is $600 the selling price, right?
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OpenStudy (anonymous):
yeah
OpenStudy (michele_laino):
ok! then the 60% of the selling price is:
\[\frac{{60}}{{100}} \times 600 = ...?\]
OpenStudy (anonymous):
360
OpenStudy (michele_laino):
that's right!
OpenStudy (anonymous):
it says its wrong
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OpenStudy (michele_laino):
Please wait, I think that your answer is:
600-360=240
OpenStudy (michele_laino):
is it right!
OpenStudy (michele_laino):
sorry:
is it right?
OpenStudy (anonymous):
yes!!! haha :)
OpenStudy (anonymous):
A store owner wants a markup of 34% on the selling price of goods. If the selling price is $1.50 for each cookie, what is the most the store owner should pay per dozen cookies?
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OpenStudy (anonymous):
canu help mew with this please
OpenStudy (michele_laino):
ok!
OpenStudy (michele_laino):
here the selling price for a dozen of cookies, is:
1.50*12=...?
OpenStudy (anonymous):
18
OpenStudy (michele_laino):
ok! now the 34% of the selling price, is:
\[\frac{{34}}{{100}} \times 18 = ...?\]
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OpenStudy (anonymous):
6.12
OpenStudy (michele_laino):
that's right! so your answer is:
18-6.12=...?
OpenStudy (anonymous):
11.;88
OpenStudy (michele_laino):
that's right!
OpenStudy (anonymous):
sJananda Roti owns a flower shop and marks items up at least 35% on the selling price. What is the most Jananda can pay for a dozen roses, if she sells each rose for $2.00?
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OpenStudy (anonymous):
do i 35/100x 2.00
OpenStudy (michele_laino):
we have to multiply 2 by 12, namely
2*12=...?
OpenStudy (anonymous):
24
OpenStudy (michele_laino):
ok! now you can compute this:
35/100*24=...?
OpenStudy (anonymous):
8.4
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OpenStudy (michele_laino):
ok! the requested answer is:
24-8.4=...?
OpenStudy (anonymous):
15.6
OpenStudy (michele_laino):
that's right!
OpenStudy (anonymous):
omg thank you so much you have been a great help and helped clarify