At Pizza Company, Lee made 50 pizzas one day. There were 110 pizzas sold that day. What fraction of the pizzas did Lee make? Sim
1 answer:
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Answer:
Rs. 7245
Step-by-step explanation:
Given parameters:
Cost price = Rs. 6300
Percentage profit = 15%
Unknown:
Selling price = ?
Solution:
If profit is made on a trade, the selling price is higher than the cost price.
Profit = Selling price - Cost price
To find the selling price simply;
Selling price =( 1 + ) x cost price
Selling price = 1.15 x 6300 = Rs. 7245
Subtract 13 from both sides:
Divide both sides by -5. Since this is a negative number, you have to invert the inequality sign:
Which means