Question

A shop sells pairs of trainers for £73 each.
They make a percentage profit of 40% on each pair.
How much did the shop spend on buying each pair?
Give your answer to the nearest penny.

Answer 1

Answer:

£52.14

Step-by-step explanation:

$\frac{140}{100} \times x = 73 \\ 1.4x = 73 \\ x = 52.143$