Question

A merchant is able to sell 250 toys at a rate of $20

Answer 1

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

Answer 2

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