A clothing store operates on a profit margin of 150%. The selling price of an article bought for $𝑝 is:
Question
Solution 1
The selling price of an article can be calculated using the formula:
Selling Price = Cost Price + Profit
Given that the profit margin is 150%, this means that the profit is 150% of the cost price. In this case, the cost price is $p.
So, the profit is 150/100 * p
Therefore, the sellin Knowee AI is a powerful AI-powered study tool designed to help you to solve study problem.
Knowee AI is a powerful AI-powered study tool designed to help you to solve study problem.
Knowee AI is a powerful AI-powered study tool designed to help you to solve study problem.
Knowee AI is a powerful AI-powered study tool designed to help you to solve study problem.
Knowee AI is a powerful AI-powered study tool designed to help you to solve study problem.
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