Question

The owner of a small store buys coats for 50.00$ each. She sells the coats for 90.00 each. What percent of the purchase price is the selling price?

Answer 1

Answer:

$55\%$

Step-by-step explanation:

To find the percentage of the purchase price, simply divide the purchase price by the selling price and multiply it by 100.

$\frac{50}{90}=0.55\Rightarrow 0.55*100=55%$

This information is helpful to find a metric between supply and demand.