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Sagot :
Given :
Mo spends £15 on ingredients to make 40 cookies.
He sells all 40 cookies for 50p each.
To Find :
The Mo's percentage profit.
Solution :
We know, 1 £ = 66.09 p.
So, total income is :
T = 40 × 50 p
T = 2000 p
T = £2000/66.09
T = £30.26
So, total profit is, P = £( 30.26 - 15 ) = £15.26 .
Hence, this is the required solution.
To solve the problem we will firstly calculate the profit of Mo.
Mo's percentage profit is 33.34%.
Given to us
- Mo spends £15 on ingredients to make 40 cookies.
- Mo sells all 40 cookies for 50pence (£0.50) each.
Cost of making 40 cookies
Cost of making 40 cookies = £15
Total earning through cookies
Total earning through cookies
= Number of cookies x Cost of each cookie
= 40 x 0.50
= £20
Total profit from cookies
Total profit from cookies
= Total earning through cookies - Cost of making 40 cookies
= £20 - £15
= £5
Mo's percentage profit
[tex]\text{Mo's percentage profit}=\dfrac{\text{Total profit from cookies}}{\text{Cost of making cookies}}[/tex]
[tex]\text{Mo's percentage profit}=\dfrac{5}{15}[/tex]
[tex]\text{Mo's percentage profit}=0.3334 = 33.34\%[/tex]
Hence, Mo's percentage profit is 33.34%.
Learn more about Percentage:
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