Question

Calculators were purchased at $50 per dozen and sold at $15 for three calculators. what is the profit on six dozen calculators ?

Answer 1

Answer:

The profit on six dozen calculators is $60

Step-by-step explanation:

step 1

Find the purchase price of one calculator

$\frac{50}{12}=\ (25/6)$

step 2

Find the selling price of one calculator

$\frac{15}{3}=\ 5$

step 3

Find the profit of one calculator

Subtract the purchase price from the selling price

$\ 5-\ (25/6)=\ (5/6)$

step 4

Find the profit on six dozen calculator

Multiply the profit of one calculator by 72

$\ (5/6)72=\ 60$