Question

The owner of a small store buys coats for ​$45 each. she sells the coats for ​$63 each. What percent of the purchase price is the sale​ price?

Answer 1

Answer:

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%

Answer 2

Answer:

The owner of a small store buys coats for $45 each. she sells the coats for $63 each. What percent of the purchase price is the sale price?