To the total amount of money that a dealer spent is $7 + $9 or %16. His revenue from selling the same articles is $8 + $10 which is equal to $18. The profit is the difference between the total revenue and total cost.
profit = $18 - $16 = $2
Thus, the dealer has a profit of $2.
Answer:
$179.20
Step-by-step explanation:
<u>Hope this helps</u>
Answer: 64.29%
Step-by-step explanation:
Let the total earnings of the Lee family in May be x
Amount earned by Mr Lee in May = 60% of x = 0.6x
Amount earned by other family members in May = x - 0.6x (total earnings - Mr Lee's earnings) = 0.4x
Amount earned by Mr Lee in June = 20% more than what Mr Lee earned in May.
That is, amount earned by Mr Lee in June = 1.2 × 0.6x = 0.72x
Amount earned by other members of the family in June remains unchanged, that is = 0.4x
Total amount earned by the Lee family in June = 0.72x + 0.4x = 1.12x
Percentage of total earnings in June earned by Mr. Lee = (0.72x/1.12x) × 100% = 64.29%.
QED!
I got 20,737 but I could be wrong so I will attach my algorithm and work.
