SOLUTION: A department store purchases a suit for $75. To make a profit, the price of the suit is increased by 131%. Find the price of the suit. Thank you.

Algebra.Com
Question 109348: A department store purchases a suit for $75. To make a profit, the price of the suit is increased by 131%. Find the price of the suit.
Thank you.

Answer by checkley71(8403)   (Show Source): You can put this solution on YOUR website!
$75*1.31=$98.25 is the selling price of the suit.
RELATED QUESTIONS

Jamie bought a suit at macys for $330. The suit was discounted by 1/3 of the orignial... (answered by rfer)
A wool suit is 75% of $164 what is the suits orignal... (answered by solver91311)
Retail prices in a department store are obtained by marking up the wholesale price by... (answered by checkley71)
a suit is on clearance for 60 dollars if it's 75% off the original price, what is the... (answered by jim_thompson5910)
Retail prices in a certain department store are obtained by marking up the wholesale... (answered by rfer)
With a 35 % markdown, the suit cost $ 55. What was the original price of the suit ? (answered by rfer)
A suit is on sale for $320. What was the original price of the suit if the discount was... (answered by rvfer)
A suit is on sale for $320. What was the original price of the suit if the discount was... (answered by JulietG)
a clothing store drops the price of a business suit 27% to a sale price of $69.50. what... (answered by ReadingBoosters)