A tennis shop sold twenty $100 racquets at an 8% profit and ten $80 bags at a 15% loss. The profit on the combined transaction w as PLEASE HELP. I'LL GIVE THE BRAINLIEST.
2 answers:
So first let me assume that the Total profit of the racquets are 8 percentage and not individually. Now to find the profit we can do 20 x 100= 2000 Now 8=x/2000*100 X= 160 And now for loss 10x80=800 Now 15= x/800*100 X=120 Now profit = 160-120 = 40 The profit was only 40
Answer:
$ 40
Step-by-step explanation:
Rackets:
Cost Price (CP) = $ 100
Profit percent = 8%
Profit = 8% * 100 =
Profit for one racket =$8
Profit for 20 rackets = 8*20 = $ 160
Bags:
CP = $ 80
Loss percent = 15%
Loss for 10 bags = 12 * 10 = $ 120
The profit in the combined transaction = 160 - 120 = $ 40
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