Merchandising Mathematics for Retailing 5th Edition by Cynthia Easterling ,Ellen Flottman,Marian Jernigan ,Beth Wuest

Exercise 18

In the lingerie department, the manager kept 15% of the total inventory in the stock room and the rest displayed on the floor. If $30,000 worth of goods were placed in the stock room, what was the dollar amount of inventory on the floor?