Question

07) A man buys a dozen cameras for $1800. He sells them at a profit of $36 each. Express his
profit as a percentage of his selling price​

Answer 1

Step-by-step explanation:

Cp of 1 Camera = $1800/12 = $160

Sp of 1 Camera = $160+$36=$196

Sp of a dozen cameras = $196×12 = $2352

Profit = $2352-$1800 = $552

Profit % = $552/$1800×100

= 30.67%

Answer 2

Answer:

The profit as a percentage of selling price is $19.3\%$.

Step-by-step explanation:

The profit is the amount gained by selling a product.

Here it is given that a man buys a dozen of cameras for $1800.

Cost price of cameras=$1800

He sells at a profit of $36 each.

Total profit$=36*12=432$

Selling price of the product is the sum of cost price and total profit.

Selling price$=432+1800=2232$

Profit as a percentage of selling price$=\frac{432}{2232}*100\%$

                                                              $=19.3\%$

To know more about profit go to the following link:

https://brainly.in/question/31589

To solve more problem on selling price and cost price go to the following link:

https://brainly.in/question/18658770

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