The price of a dress is $110 which is 10% higher than its cost.If it is now selling at 10% below cost, find the selling price.
Question
The price of a dress is $110 which is 10% higher than its cost.If it is now selling at 10% below cost, find the selling price.
Solution
Step 1: First, we need to find the cost of the dress. If the price of the dress is 100.
Step 2: Now, we need to find the selling price if it is 10% below cost. 10% of 10.
Step 3: Subtract this 100 - 90.
So, the selling price of the dress, when it is 10% below cost, is $90.
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