Question

The owner of a produce tand bought 600 grapefruit for 12 1/2 cent each. He old the grapefruit at 8/3 of the cot. What wa the profit on the 600 grapefruit?

Answer 1

16,667.67 cents

Explanation:

I rewrote the question with a few changes/corrections:

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The owner of a produce stand bought 600 grapefruit for 12 1/2 cent each. He sold the grapefruit at 8/3 of the cost. What was the profit on the 600 grapefruit?

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Assuming this is correct:

Cost for 800 grapefruit: (800 grapefruit)*(12.5 cents/grapefruit) = 10,000 cents.

Sales price of a grapefruit = (12.5 cents/grapefruit)*(8/3) = 33.33 cents/grapefruit sales price

Total sales vale of 800 grapefruit = (33.33 cents/grapefruit)*(800 grapefruit) = 26,667.67 cents.

Total cost of 800 grapefruit (from above) is 10,000 centts

Profit on 800 grapefruit = (Total sales value( - (total cost value)

Profit on 800 grapefruit = (26,667.67 cents) - (10,000 cents)

Profit on 800 grapefruit = 16,667.67 cents