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A business bought a lot of 2,500 lamps for fifty thousand dollars and wants to to sell them at 15% prfit. How much should each lamp cost?
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A business bought a lot of 2,500 lamps for fifty thousand dollars and wants to to sell them at 15% prfit. How much should each lamp cost?

User Kqr
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2 Answers

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So 15% of 50000=7500 The answer is 7500
User Coinhndp
by
8.7k points
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Let L = how much is lamp should cost

L = [(50,000)(0.15) + 50,000]/(2500)

Calculate the right side of the equation to find your answer.
User Scottlimmer
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