Carcass wrote:
If, in 2013, the company sold 75% of its shirts for $30, and the rest of the shirts for x dollars, which of the following is closest to the value of x?
$120
$125
$130
$135
$140
Kudos for the right answer and explanation
Shirts sold in 2013 = \(48,000\)
So, \(36,000\) shirts were sold at \($30\) = \($1,080,000\)
Total Revenue in 2013 = \($2,600,000\)
Therefore, \(12,000\) shirts must have been sold at \($x\) = \($2,600,000 - $1,080,000 = $1,520,000\)
\($x = \frac{1,520,000}{12,000} = $126.667\)
Hence, option B