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A Jeweller paid $6 800 for 165 bracelets bought in china. The Customs Department in his country charged him $1 360 in duty.
(a) Calculate the TOTAL cost of the 165 bracelets inclusive of duty
(b) Calculate the profits as a percentage of the cost price, giving your answer to the nearest whole number
HELP ME FIND THESE ANSWER WITH WORKING

User Furby
by
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1 Answer

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a. $6800 + $1360= $8160 total cost

b.
$68.85 each * 165 bracelets = $11360.25
$11360.25- $8160 total cost = $11278.75 profit

$11278.75 profit/$8160 total cost= 1.38218
1.38218= about 138%

Final answer: 138%
Warning: This answer will vary if you find the percent over cost (not including duty).
User Colselaw
by
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