Free Practice Question
PS · Problem Solving
505-555
Percentages
A store increased its gross profit on a certain shirt from 15 percent of the cost of the shirt to 40 percent of the cost by changing the selling price. If the new selling price was $70.00 and the cost of the shirt remained the same, what was the old selling price?
Answer Choices
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$10.50
B
$28.50
C
$38.50
D
$57.50
E
$66.00
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Explanation
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Difficulty
505-555
Type
PS
Category