Question

a merchant buys a shipment of spices for $1100 and then sells it for $1700. For each sack of spices, he gains a profit of $50. How many sacks did he sell?

Answer 1

1650 he sold
1650
1650

Answer 2

Answer:

12

Step-by-step explanation:

Let number of sacks sold be x

Total Cost price of x sacks = $1100

Total Selling price of x sacks = $1700

Total Profit = Total S.P. - Total C.P.

Total Profit = $1700 - $1100

Total Profit = $600

Now we are given that  For each sack of spices, he gains a profit of $50.

So, he gains profit on selling x sacks = 50x

So, $50x = 600$

$x = \frac{600}{50}$

$x =12$

Hence he sold 12 sacks