Question

ben owns a shoe store. he has a new line of limited - edition running shoes that he will be selling in his store soon. the cost of manufacturing the shoes was $18 per pair, and he wants to make a 20% profit on each pair he sells. what is bens selling price?

Explanation:

Step1: Calculate the profit amount

The cost per pair is $18$, and the profit percentage is $20\%$. The profit amount is $18\times20\% = 18\times0.2$.
$$18\times0.2 = 3.6$$

Step2: Calculate the selling price

The selling price is the sum of the cost price and the profit. So, it is $18 + 3.6$.
$$18+3.6=21.6$$

Answer:

$21.6$