The owner of a small store buys coats for $60.00 each. he sells the coats for $96.00 each. what percent of the purchase price is the sale price?

The sale price of the coats is 160% of the purchase price of the coats.

Step-by-step explanation:

The owner buys the coats at a purchase price= $60

He sells the coats for a selling price= $96

Now, the question is:

The selling price $96 is what percentage of the purchase price $60

step 1: 96= x% of 60

step 2: 96= (x/100)*60

step 3: 96= 6x/10

step 4: 960/6 = x

step 5: x = 160%

is means division by fractions

step-by-step explanation: