Greg buys 60 garden plants at a cost price of $2.00 each to sell in his shop. He sells 25 of them at the profit of 75% and 18 of

Question

3 years ago

14

Greg buys 60 garden plants at a cost price of $2.00 each to sell in his shop. He sells 25 of them at the profit of 75% and 18 of

them at the profit of 35%. He sells the rest of the plants for 4/5 of the cost price calculate the profit or loss he makes from selling 60 plants stating if it is a profit or loss

Mathematics

1 answer:

fomenos · Answer 1 · 2022-08-11T07:09:57+03:00

fomenos3 years ago

4 0

Answer:

$43.30 profit

Step-by-step explanation:

Total cost of plant:

60*2 = 120

Greg makes total of:

25*(2 + 0.75*2) + 18*(2 + 0.35*2) + (60 - 25 - 18)*2*4/5 = 163.3

Since Greg mare than cost, he has a profit and the amount is:

163.3 - 120 = 43.3