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C.B. Clothing ordered sweaters at a wholesale cost of $20 each. The store marked up the price 50 percent above the wholesale cost to use as their selling price. After every month that the sweater didn't sell, the store reduced the selling price by 20 percent. After how many monthly price reductions did the price dip below the wholesale cost?

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1. C.B. Clothing ordered sweaters at a wholesale cost of $20 each. The store marked up the price 50 percent above the wholesale cost to use as their selling price. After every month that the sweater didn't sell, the store reduced the selling price by 20 percent. After how many monthly price reductions did the price dip below the wholesale cost?





 
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