The owner of a small store buys coats for 40.00 each. She sells the coats for 72.00 each. What percent of the purchase price is the sales price?

In order to calculathe the percent, we just need to divide the sales price by the purchase price.
So we have:
[tex]\frac{72}{40}=\frac{36}{20}=\frac{18}{10}=1.8=180\text{\%}[/tex]Therefore the sales price represents 180% of the purchase price.