A store buys a Jacket for 20.00 and then selfs it to customers for 80% more than that. What is the selling price of the jacket? 28.00 24.00 16.00 36.00

To find the selling price of the jacket, we need to calculate the amount by which the store increases the price of the jacket.<br /><br />The store buys the jacket for $20.00 and sells it for 80% more than that. To find the amount by which the price is increased, we can multiply the original price by 80% (or 0.8).<br /><br />Amount of increase = Original price * 80%<br />Amount of increase = $20.00 * 0.8<br />Amount of increase = $16.00<br /><br />Now, we add the amount of increase to the original price to find the selling price.<br /><br />Selling price = Original price + Amount of increase<br />Selling price = $20.00 + $16.00<br />Selling price = $36.00<br /><br />Therefore, the selling price of the jacket is $\$ 36.00$.