In its foyer shop, the Pacific Plaza hotel has a policy of keeping the cost of merchandise sold at 30% of selling prices. What selling price would be put on an item that cost $9?

Name: In its foyer shop, the Pacific Plaza hotel has a policy of keeping the cost of merchandise sold at 30% of selling prices. What selling price would be put on an item that cost $9?
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Question

Quizplus · Accepted Answer

The cost of merchandise ($9) is 30% of the selling price. To find the selling price, divide the cost by 30% (or 0.30): $9 / 0.30 = $30.00.

In Its Foyer Shop, the Pacific Plaza Hotel Has a Policy