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
->
Percentage-and-ratio-word-problems
-> 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?
Log On
Word Problems: Problems on percentages, ratios, and fractions
Word
Solvers
Solvers
Lessons
Lessons
Answers archive
Answers
Click here to see ALL problems on Percentage-and-ratio-word-problems
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