Problema Solution
Bloomingdale's purchases imported perfume for $24.30 per ounce. If the store policy is to make up all merchandise in that department 39% based on selling price, what it the retail price of the perfume?
Answer provided by our tutors
One way to solve it is algebraically, using x as the selling price
x - 24.30 = 0.39x
0.61x = 24.30
x = $39.84