A clothing store purchases $600$ shirts at a wholesale price of $\$12$ each. If 5% of the shirts

Question

A clothing store purchases $600$ shirts at a wholesale price of $\$12$ each. If 5% of the shirts are damaged and need to be sold at a 20% discount, and the store aims to achieve a 25% profit on the cost price, what should be the selling price of the undamaged shirts?

Accepted Answer

$\dfrac{500}{33}$ dollars, or approximately $15.15$ dollars to the nearest cent

Percentages involving Finances: Profit, Discount

Percentages involving Finances: Profit, Discount

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