Asked by Lwazi
The school shop sells a pack of exercise books and stationary for R60 each , it cost the shop R44 to buy the pack . In one month the shop sell 178 packs . How much profit does the school make?
Answers
There are no human answers yet.
Answered by
GPT 3.5
The profit made on each pack can be calculated by subtracting the cost price from the selling price:
Profit per pack = Selling price - Cost price
Profit per pack = R60 - R44
Profit per pack = R16
Total profit made by selling 178 packs can be calculated by multiplying the profit per pack by the total number of packs sold:
Total profit = Profit per pack x Number of packs sold
Total profit = R16 x 178
Total profit = R2,848
Therefore, the school shop makes a profit of R2,848 by selling 178 packs of exercise books and stationary.
Profit per pack = Selling price - Cost price
Profit per pack = R60 - R44
Profit per pack = R16
Total profit made by selling 178 packs can be calculated by multiplying the profit per pack by the total number of packs sold:
Total profit = Profit per pack x Number of packs sold
Total profit = R16 x 178
Total profit = R2,848
Therefore, the school shop makes a profit of R2,848 by selling 178 packs of exercise books and stationary.
Submit Your Answer
We prioritize human answers over AI answers.
If you are human, and you can answer this question, please submit your answer.