Answer:
Explanation:
each box has 12 melon for 15 dollars:
the price of one melon : 15/12=1.25 dollar each
he bought 12 boxes of melon and paid 15 dollars for each :
12*15=180 dollars
total melon is : 12*12=144 dollars
he sold 3/4 of a melon : 3/4 *144=108
the cost of 108 : 108*1.25= 135 dollars
at a price of $ 1.6 = 108*1.6= 172.8
the rest of the melon sold at reduce price=
144-108= 36
over all profit = 15 %
180*(1+0.15)=207 dollars profit
selling 108 melons : $172.8
overall profit - profit from selling 108 melons: 207-172.8=$34.2
reduced price = 34.2/36=0.95 dollars