Question

Sarah bought 18 boxes of 65 pens at $12 a box. She sold 378 of them at 3 for $1.00 and the rest at 4 for $1.00. She sold 378 of them at 3 for $1.00 and the rest at 4 for $1.00. Find her total profit.

Answer 1

$108

Explanation:

The computation of the total profit is shown below:

Given that

1 box = $12

18 boxes = 12×18 = $216

So

Total = 18×65 = 1170 pens

Now Cost price, Cp = $216

Also,

3 = $1

So,

= 378 ÷ 3

= $126

Now

= 1170-378

= 792 pens remaining

4 = $1

So,

792

= 792 ÷ 4

= $198

Now

Total selling price, sp = 126+198 = $324

So finally

Profit = Sp - Cp

= $324 - $216

= $108