A store has some dresses that cost the store $38 each. The manager want to sell them at a profit of 20% of it cost. What price should the store charge for each piece?

Answer 1

#=$45.6#

To find the price the store should sell the dresses at, you can add #20%#, or #0.2x# of the price to the purchase price of the store. Therefore, the expression #1.2x#, where #x# is the store's purchase price of the dress. #1.2x# #1.2($38)# #=$45.6#

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Answer 2

Eli Assouline

To find the price the store should charge for each dress to achieve a 20% profit on its cost, follow these steps:

Calculate the 20% profit on the cost of each dress: $\text{Profit} = \text{Cost} \times \text{Profit \%}$ $\text{Profit} = 38 \times 0.20$
Add the calculated profit to the cost of each dress to get the selling price: $\text{Selling Price} = \text{Cost} + \text{Profit}$

Let's do the calculations:

Calculate the profit: $\text{Profit} = 38 \times 0.20 = 7.60$
Add the profit to the cost: $\text{Selling Price} = 38 + 7.60 = 45.60$

So, the store should charge $45.60 for each dress to achieve a 20% profit on its cost.

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Answer from HIX Tutor

When evaluating a one-sided limit, you need to be careful when a quantity is approaching zero since its sign is different depending on which way it is approaching zero from. Let us look at some examples.