Given:
Cost of a jacket = $20
Then sells it to customers for 80% more than.
To find:
The selling price of the jacket
Solution:
We have,
Cost of a jacket = $20
Selling price = cost + 80% of cost
= [tex]20+\dfrac{80}{100}\times 20[/tex]
= [tex]20+\dfrac{8}{1}\times 2[/tex]
= [tex]20+16[/tex]
= [tex]36[/tex]
Therefore, the selling price of the jacket is $20.
