SOLUTION: A retailer obtains notebooks from a vendor for $1.75 each. They want to sell the notebooks to make a profit of 40% of the selling price. What price should they charge for the noteb

Algebra ->  Coordinate Systems and Linear Equations  -> Linear Equations and Systems Word Problems -> SOLUTION: A retailer obtains notebooks from a vendor for $1.75 each. They want to sell the notebooks to make a profit of 40% of the selling price. What price should they charge for the noteb      Log On


   

Question 1042639: A retailer obtains notebooks from a vendor for $1.75 each. They want to sell the notebooks to make a profit of 40% of the selling price. What price should they charge for the notebooks?
Answer by josmiceli(19441) About Me  (Show Source):
You can put this solution on YOUR website!
+1.75+%2B+.4%2A1.75+
+1.75%2A%28+1+%2B+.4+%29+
+1.75%2A1.4+=+2.45+
They should charge $2.45