Question

price.
2 A 25 m roll of carpet was bought wholesale for $435. If the whole roll is sold at $32.50 per metre,
find:
a the selling price
b the profit
c the profit as a percentage of the wholesale (cost) price.

Answer 1

Відповідь:

Покрокове пояснення:

a) Selling price = 25 m * $32.50/m = $812.50.

b) Profit = Selling price - Wholesale price = $812.50. - 435 dollars = $377.50

c) Profit as a percentage of the wholesale price:

Profit as a percentage = (Profit / Wholesale cost) * 100% = ($377.50 / $435) * 100% = 86.95%.

Therefore, the profit is 86.95% of the wholesale price.