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The wholesale cost of a certain coat was $90, but when 15 of
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05 Jun 2020, 08:40
05 Jun 2020, 08:40
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The wholesale cost of a certain coat was $90, but when 15 of the coats were purchased by a retailer, the cost was reduced so that the total cost of the coats was $1,200. By how much was the wholesale cost of each coat reduced?
A. $6
B. $10
C. $20
D. $80
E. $150
A. $6
B. $10
C. $20
D. $80
E. $150
Re: The wholesale cost of a certain coat was $90, but when 15 of
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05 Jun 2020, 08:41
05 Jun 2020, 08:41
Expert Reply
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Re: The wholesale cost of a certain coat was $90, but when 15 of
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05 Jun 2020, 09:38
05 Jun 2020, 09:38
1
Carcass wrote:
The wholesale cost of a certain coat was $90, but when 15 of the coats were purchased by a retailer, the cost was reduced so that the total cost of the coats was $1,200. By how much was the wholesale cost of each coat reduced?
A. $6
B. $10
C. $20
D. $80
E. $150
A. $6
B. $10
C. $20
D. $80
E. $150
ORIGINAL cost per coat = $90
When 15 of the coats were purchased by a retailer, the cost was reduced so that the total cost of the coats was $1,200.
DISCOUNTED cost per coat = $1,200/15 = $80
By how much was the wholesale cost of each coat reduced?
Cost reduction (per coat) = $90 - $80 = $10
Answer: B
Cheers,
Brent
