Question

A
15. A store owner purchased a ream of paper
for 50 and sold it in retail at 5.50 per
quire. How much profit or loss did he
make? (Hint: one ream = 20 quire)​

Answer 1

Answer:

He bought 1 ream of Paper for 50.

He sold each quire for 5.50.

that means he sold 20 quire

thus 5.50×20 = 110.

that is profit of 60

Answer 2

I hope this answer will helpful for you