Question

PLEASE HELP PLEASE!!!

Ruby bought 15 cell phone cases for a total of $145.80. She sells them for $19.50 each, but she is only able to sell 5 of them. What is Ruby’s net profit or loss. Show work.

Answer 1

She profited $9.78 for each of the 5 cases but she loss $48.3 in total.

Explanation:

The principal amount for each case is 9.72. (So 19.5 - 9.72 = 9.78. )

For the loss, the money she used to buy - the amount she sold = loss.

( 145.8 - 97.5 = $48.3)

Answer 2

$48.30

Explanation:

Total profit after selling 5 cases:

`5 * 19.50 = 97.50`

Net loss:

`145.80 - 97.50 = 48.30`