Question

Randall starts a business collecting and selling baseball cards. He purchases 3 packs of cards for $3.75 each. Each pack includes 12 cards. If he sells each card for $1.25, How much money will Randall earn from sells?

Answer 1

Randall earned $33.75 from selling baseball cards.

Explanation:

Given:

Cost for each pack of card = $3.75

Number of packs = 3

Hence Cost of 3 packs of card can be calculated by multiplying Cost for each pack of card with number of packs

Cost of 3 packs of card =
`\$3.75*3=\$11.25`

Also Given:

Each pack contains = 12 cards

3 pack contains = number of cards in 3 pack

By using Unitary method we get;

Number of Card in 3 pack =
`12*3=36 cards`

Hence Purchasing Price of 36 cards = $11.25

Now Given that;

Selling price for each cards = $1.25

Selling price for 36 cards = price for 36 cards

By Using Unitary method we get;

Selling price for 36 cards =
`\$1.25* 36 = \$45`

Now Money Earned can be calculated by subtracting Purchasing Price with selling price we get;

Total Money earned =
`45-11.25 = \$33.75`

Hence Randall earned $33.75 from selling baseball cards.