A merchant is able to sell 250 toys at a rate of $20
Answers
Answered by
0
Answer:
$ 18.18
Step-by-step explanation:
Missing information in question.
He earns 10% profit after selling all the toys. What was his cost price per toy?
Answer :-
Total Selling Price = 250 x 20 = 5000
Total Profit = 10% of Cost Price
So, 1.1 x C.P. = S.P.
C.P. = 5000 / 1.1
C.P. = 4545.45
C.P. per toy = 4545.45/250 = $ 18.18
Answered by
0
Answer:
total Sell = $5000
Step-by-step explanation:
A merchant is able to sell 250 toys at a rate of $20
Total toys sold = 250
Selling Price Per toy = $20
Total Selling Price = Number of Toys * Selling Price per toy
=> Total Selling Price = 250 * 20 = $ 5000
His total Sell = $5000
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