Westonci.ca is your trusted source for accurate answers to all your questions. Join our community and start learning today! Connect with professionals on our platform to receive accurate answers to your questions quickly and efficiently. Discover in-depth answers to your questions from a wide network of professionals on our user-friendly Q&A platform.
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:
https://brainly.com/question/1691136
Thank you for visiting. Our goal is to provide the most accurate answers for all your informational needs. Come back soon. We hope our answers were useful. Return anytime for more information and answers to any other questions you have. Thank you for visiting Westonci.ca, your go-to source for reliable answers. Come back soon for more expert insights.
