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    A Clothing Store Sells Fancy Hats at a Gross Margin
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A Clothing Store Sells Fancy Hats at a Gross Margin

Question 10

Question 10

Essay

A clothing store sells fancy hats at a gross margin of $3.50 each and ordinary hats at a gross margin of $5.00 each. During July, 110 hats were sold for a total gross margin of $460.00. How many fancy hats were sold?

Correct Answer:

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Let the number of fancy hats be y.
Then ...

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