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 - Page 162: 50

Answer

The answer is below.

Work Step by Step

You want them to determine it based on the cost. After all, the selling price is higher than the cost, so you want them to consider the profit based on the lower value, the cost.
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