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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
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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Mertsj
 5 years ago
Best ResponseYou've already chosen the best response.1So they must sell the watch for at least $40 to make $20. Would you agree?

Mertsj
 5 years ago
Best ResponseYou've already chosen the best response.1so the question is what percent of $75 = $40 or n(75)=45

Mertsj
 5 years ago
Best ResponseYou've already chosen the best response.1So 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%
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