SAT

posted by .

Suits at a local clothing store are discounted 20%. Despite the discount, the store owner enjoys a net profit (discount price minus cost) equal to 60% of the cost of the suits. If the suits cost the clothing store owner $200 each, what was the prediscount price of each suit?

The answer key says..
x=the prediscount price of a suit
0.8x= discount price

0.8x-200=0.6•200
x=$400

I don't get where the 0.8 in 0.8x came from..how come the discount price =0.8??

WAIT,I think I got it!
But please check my reasoning..

x-0.2x=discount price
1-0.2=0.8!!!!! Correct????

  • SAT -

    correct

Respond to this Question

First Name
School Subject
Your Answer

Similar Questions

  1. math (discount)

    An instrument store gives a 10% discount to all students off the original cost of an instrument. During a back to school sale, an additional 15% is taken off the discounted price. Julie, a student at the local high school, purchases …
  2. Mathematics 1

    a store owner had 225 suits. at the end of a sale he had sold 4/5 of them. how many suits were left
  3. maths

    A clothing firm determines that in order to sell x suits, the price per suit must be p = 150 - 0.5x. It also determines that the total cost of producing x suits is given by C(x) = 4000 + 0.25x^2. a. Find the total revenue R(x). b. …
  4. Finite Math

    66, A clothing store sells a shirt clothing $20 for $33 and a jacket costing $60 for $93. A, If the makeup policy of the store is assumed to be linear, write an equation that expresses retail price R in terms of cost C (wholesale price). …
  5. math

    . A clothing store has everything on sale for between 10% and 40% off. This can be represented by the system of inequalities shown below, where y is the amount of discount and x is the cost of the clothing item.
  6. English

    What sets off the main conflict in A and P. Answers are Three girls in bathing suits enter grocery store A grocery store clerk is distracted from his work A store manager enforces the stores clothing policy A clerk decides to rebel …
  7. English

    What sets off the main conflict in A&P Answers are Three girls in a bathing suit enter a grocery store A grocery store clerk is distracted from his work A store manager enforces the stores clothing policy Thanks Is it Three girls in …
  8. Math 1 please help

    A clothing store has the sign shown in the shop window. Pani sees the sign and wants to buy 3 shirts and 2 pairs of jeans. The cost of each shirt before the discount is $12 and the cost of each pair of jeans is $19 before the discount. …
  9. Basic math for science

    A sportswear manufacture determines that the marginal cost of producing x worm-up suits is given in dollars by 20-0.015x.if the cost of producing one suits is $25,find the cost function and the cost of producing 50 suits and 100 suits
  10. math

    Juan sells suits in a major department store on weekends.He earns a commission of 5% on the first 10 suits, and if he sells more than 10 He earns an additional 3% on the additional suits. Last weekend Juan sold 13 suits at a price …

More Similar Questions