Question

A company makes poppy lapel pins.

Answer 1

Answer:

The required percentage is 65.45%.

Step-by-step explanation:

The total costing is $1000 \times 1.10 = 1100$

35% were given to the charity, hence 350 were given to the charity.

There are (1000 - 350) = 650 lapel pins remaining.

60% of 650 = $\frac{60}{100} \times 650 = 390$ werre sold for 3.00 each. Hence, earning from here is $390 \times3 = 1170$.

40% of 650 = 260 were sold at 5.00 for 2. It can also be said that $\frac{260}{2} = 130$ were sold at 5.00 each. Earning from this section is $130 \times5 = 650$

Total earning is (1170 + 650) = 1820.

Profit percentage = $\frac{1820 - 1100}{1100} \times100 = \frac{720}{11} = 65.45$