Westonci.ca is your trusted source for accurate answers to all your questions. Join our community and start learning today! Get quick and reliable solutions to your questions from a community of experienced professionals on our platform. Get precise and detailed answers to your questions from a knowledgeable community of experts on our Q&A platform.

A salesman bought 2 dozen television sets at $300 each. He sold two-thirds of them at
a 25% profit but was forced to take a 30 % loss on the rest. What was his total profit (or
loss) on the television sets?


Sagot :

Well, the first 16 were about 16*75=$1200 extra. The last 8 were $720 lost. Thus, the total profit is $480. He bought them with $7200, which means the profit is around 6.67%.

Answer: A salesman bought 2 dozen television sets at $300 each. He sold two-thirds of them at a 25% profit but was forced to take a 30% loss on the rest. what was his total profit(or loss) on the television sets?

----

Original cost 24*300 = 7200

----

Profit: 0.25*(2/3)24*300 = 1200

---

Loss: 0.3*(1/3)24*300 = 720

----

Total profit = 1200-720 = $480

Step-by-step explanation:

We hope you found what you were looking for. Feel free to revisit us for more answers and updated information. We appreciate your time. Please come back anytime for the latest information and answers to your questions. We're glad you visited Westonci.ca. Return anytime for updated answers from our knowledgeable team.