Question

Jane bought 6 dozen banana at $250per dozen. She sells four and a half dozen at $35 each and the other were sold at $20 each. Determine if she made a profit or loss state her profit or loss as a percentage. Show working

Answer 1

87.5% loss

Explanation:

6 • 250 = 1500

4.5 • 35 = 157.5

6 - 4.5 = 1.5

1.5 • 20 = 30

157.5 + 30 = 187.5

1500x = 187.5

x = 0.125

12.5% is an 87.5% decrease