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umka21 [38]
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:
fomenos3 years ago
4 0

Answer:

  • $43.30 profit

Step-by-step explanation:

<u>Total cost of plant:</u>

  • 60*2 = 120

<u>Greg makes total of:</u>

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

<u>Since Greg mare than cost, he has a profit and the amount is:</u>

  • 163.3 - 120 = 43.3
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