SOLUTION: 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
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Question 546496: 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?
Answer by JBarnum(2146) (Show Source): You can put this solution on YOUR website!
cost is 20
minimum profit of 20
so thats 40
so 35 dollars off is the highest discount
to get percent divide 35 by 75 and multiply by 100%
%
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