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13 April, 18:16

To make a profit, a clothing store sells jeans at 115% the amount they paid for them. How much did the store pay for the jeans shown?

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  1. 13 April, 18:36
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    The store paid 6.67 times the profit made on the jeans

    Step-by-step explanation:

    Let the amount the clothing store pay for Jean be X

    Let the amount the clothing store sells Jean be Y = X * 1.15

    The profit (P) made is the difference between amount the clothing store sells Jean and the amount paid for Jean = Y - X = 1.15X - X

    Profit (P) = 0.15X

    X = P/0.15 = 6.67P

    Therefore, the store paid 6.67 times the profit made on the jeans
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