Answer:
1. Sales price per sweater= Rs 800
2. percentage = 46.875% = 46.88%
Explanation:
Given;
Cost price = Rs425 per sweater
Number of sweaters = 18
Total gain = Rs 6,750
Total cost price = cost price × number of sweaters
Total cost price = 18 × Rs425 = Rs 7,650
Total sales price = total gain + total cost price
Total sales price = Rs 6,750 + Rs 7,650
Total sales price = Rs 14,400
Sales price (per sweater) = Rs 14,400/18 = Rs 800 per sweater
Profit percentage = total gain/total sales price × 100%
Profit percentage = Rs 6,750/Rs 14,400 × 100%
Profit percentage = 46.875% = 46.88%