Question

A retailer buys jackets at a cost of
$24 each and sells them at a 175%
increase in price. What is the retail
price of a jacket?

Answer 1

Answer:

$66

Step-by-step explanation:

Using the formula for percent increase in price, we get:

$P = 24(1+1.75) = 66$

So, the retail price of the jacket is $66.