Question

A shopkeeper buys 20kg of sugar at dollar X per kg. He sells 16kgs at dollar (x+3/4)per kg and the rest at dollar (x+1)per kg. What is his profit

Answer 1

Answer: The shopkeeper's profit would be $16.

Step-by-step explanation:

Cost price of 20 kg of sugar at dollar x per kg= 20*x

Selling price of 16 kg of sugar at dollar (x+3/4) per kg= 16*(x+3/4)= 16x+12

Selling price of 4 kg of sugar at dollar (x+1) per kg= 4*(x+1)= 4x+4

Selling price of 20 kg of sugar at dollar= 16x+12+4x+4= 20x+16

Profit= selling price-cost price

Profit= 20x+16 - 20x= 16

Profit= 16