Elementary Algebra

Published by Cengage Learning
ISBN 10: 1285194055
ISBN 13: 978-1-28519-405-9

Chapter 4 - Proportions, Percents, and Solving Inequalities - 4.3 - More on Percents and Problem Solving - Problem Set 4.3: 41

Answer

The selling price for the toe rings should be 8.5 dollars.

Work Step by Step

Let s represent the selling price. We can use the following guideline to solve this problem: Selling price = Cost + Profit s = 5 + 70% $\times$ 5 s = 5 + 3.5 s = 8.5 The selling price for the toe rings should be 8.5 dollars.
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