jack shoe store buys 50 pairs of shoes at R175 per pair. They would to make an overall profit of 7 500 on the deal. What must the price of each pair of shoes be?

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Trygve asked May 3, 2023

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jack shoe store buys 50 pairs of shoes at R175 per pair. They would to make an overall profit of 7 500 on the deal. What must the price of each pair of shoes be?

Mathematics
high-school

Trygve asked May 3, 2023

by Trygve

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17 votes

Answer:

R325

Explanation:

Cost to buy shoes (x)

x = 175 * 50

x = 8750

At this point they've lost R8750 (-8750)

7500 = -8750 + 16250

To make an overall profit of R7500 they would need to sell the shoes at

16250 / 50 = R325

Nicolas Holthaus answered May 7, 2023

by Nicolas Holthaus

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