Question

A grocer bought n eggs at $x each. He marked up the price of each egg by $y and sold all of them. Find the sales amount, expressing the answer in the simplest form.

Answer 1

Sales = n
`*` ($x + $y)

Explanation:

The basic simple sales equation is

Quantity
`*` Price = Sales

Here in the given question,

Total quantity of sales = n

Price = Cost + markup

(Markup refers to the profit added to cost)

Thus price = $x (cost) + $y (markup)

Sales = n
`*` ($x + $y)

Sales amount is the total amount received from sales of products, total quantity at some price provided.