SOLUTION: When an item costs $12, for at least what price should it be sold if the profit is to be at least 20% of its selling price?

SOLUTION: When an item costs $12, for at least what price should it be sold if the profit is to be at least 20% of its selling price?

Algebra.Com

Question 408731: When an item costs $12, for at least what price should it be sold if the profit is to be at least 20% of its selling price?
Answer by rfer(16322) (Show Source): You can put this solution on YOUR website!
12/0.8=15
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