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anonymous

  • 5 years ago

A department store pays $20 for each watch in a shipment. The store sells the watches for $75. What is the maximum percent of discount the store can offer and make a profit of at least $20 on each watch? Round your answer to the nearest hundredth

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  1. Mertsj
    • 5 years ago
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    So they must sell the watch for at least $40 to make $20. Would you agree?

  2. anonymous
    • 5 years ago
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    yes.

  3. Mertsj
    • 5 years ago
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    so the question is what percent of $75 = $40 or n(75)=45

  4. anonymous
    • 5 years ago
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    yes.

  5. Mertsj
    • 5 years ago
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    So we get 60% when we solve that. But of course that is the amount they must be paid so if they must be paid 60%, they can give a discount of 40%

  6. anonymous
    • 5 years ago
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    oohh thanks!

  7. Mertsj
    • 5 years ago
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    yw

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