The owner of a small store buys coats for \( \$ 55.00 \) each. Answer parts a and \( b \). a. He sells the coats for \( \$ 99.00 \) each. What percent of the purchase price is the sale price? The sale price is \( \square \% \) of the purchase price.

To find out what percent the sale price is of the purchase price, use the formula: \[ \text{Percent} = \left( \frac{\text{Sale Price}}{\text{Purchase Price}} \right) \times 100 \] Plugging in the numbers: \[ \text{Percent} = \left( \frac{99.00}{55.00} \right) \times 100 \approx 180\% \] So, the sale price is \( 180\% \) of the purchase price. Now, let’s explore a bit about the coat market! Coats are not just for warmth; they carry a significant status in fashion culture! An appealing jacket can elevate an outfit and sometimes even become a hallmark piece, like a chic trench or a sleek leather jacket. When selling products like coats, understanding seasonal trends can make or break a sale. For example, launching winter coats in early autumn helps maximize sales as shoppers start preparing for colder weather!