Question

Rally sold 30 flower baskets at a market. She purchased 30 baskets for $142.65, 185 yards of ribbon for $.07 per yard, and $252.50 of assorted flowers.

a. What was Rally’s cost per basket?
b. What was Rally’s profit if she sold all the baskets for $25.99 each?

Answer 1

She spent 142.65 for baskets, 252.50 for flowers and 185 * 0.07 or 12.95 for ribbons for a total outlay of 408.10. Since she made 30 baskets, that is 408.10/30 = 13.60 1/3 per basket.

If she sold all 30 for 25.99 each, that is 779.70 for a profit of 361.60

Explanation:

:)