Question

Calculators were purchased at $65 per dozen and sold at 20$ for three calculators . what is the profit on six dozen calculators

Answer 1

1 dozen of calculators = 12 calculators
Selling calculators at $20 for every 3 calculators is the same as selling calculators at $80 for every 12 calculators, or 1 dozen.
b=number of dozen of calculators bought, or 6
s=number of dozen of calculators sold, or 6
p=amount of profit
65(b)-80(s)=|p|
65(6)-80(6)=|p|
390-480=|p|
-90=|p|
90=p
The profit on six dozen calculators is $90.

Answer 2

The profit on six dozen calculators are - $85.2

We have

- the cost of dozen of calculators -  $65

- selling price for 3 calculators - $20

We have to calculate the profit on six dozen calculators.

What is the formula to calculate the Profit ?

The formula to calculate the Profit is -

Profit = Selling Price - Cost Price

We have -

Cost price of 12 calculators - $65

Selling price of 3 calculators - $20

Selling price of 1 calculator - $\frac{20}{3}$ = $6.6

Selling price of 12 calculators will be - $ 6.6 x 12 = $79.2

Hence, Profit on 12 calculators = 79.2 - 65 = $14.2

Therefore, the profit on 6 dozen calculators will be - 6 x 14.2 = $85.2

Hence, the profit on six dozen calculators are - $85.2

To solve more questions on Profit and Loss, visit the link below -

https://brainly.com/question/16972026

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