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Ryan Miller wanted to make some money at a flea market. He purchased 55 small orchids from a nursery for a total of $233.75, th...Asked by takia
Ryan Miller wanted to make some money at a flea market. He purchased 55 small orchids from a nursery for a total of $233.75, three bags of potting soil for $2.75 each, and 55 ceramic pots at $4.60 each. After planting the orchids in the pots, Ryan sold each plant for $15.50 at the flea market.
What was his total cost per potted plant?
How much total profit did Ryan make on this flea market venture?
What was his total cost per potted plant?
How much total profit did Ryan make on this flea market venture?
Answers
Answered by
Steve
total cost: 233.75 + 3*2.75 + 55*4.60
cost per plant = totalcost/(55+55)
profit = 110*15.50 - totalcost
cost per plant = totalcost/(55+55)
profit = 110*15.50 - totalcost
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