The sneaker shop sells the shoes with a 20% profit. If the manufactures cost would be 20% lower and if the shop would have a 40% profit, the cost of shoes would be $30 less than it is now. Find the price of the shoes. A $300 B $375 C $420 D $450

Advanced Engineering Mathematics
10th Edition
ISBN:9780470458365
Author:Erwin Kreyszig
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The sneaker shop sells the shoes with a 20% profit. If the manufactures cost would
be 20% lower and if the shop would have a 40% profit, the cost of shoes would be $30
less than it is now. Find the price of the shoes.
$300
$375
C
$420
$450
A
B
Transcribed Image Text:The sneaker shop sells the shoes with a 20% profit. If the manufactures cost would be 20% lower and if the shop would have a 40% profit, the cost of shoes would be $30 less than it is now. Find the price of the shoes. $300 $375 C $420 $450 A B
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