Problema Solution
The local clothing store marks up the price that it pays to the clothing manufacturer by 46%. If the selling price of a pair of jeans is $111, how much did the clothing store pay for the jeans?
Answer provided by our tutors
Let clothing store pay for jeans=$x.
And he sells it with 46% profit.
So, x+0.46x=111
1.46x=111
x=76.02.
Clothing store pay $76.02 for the jeans.