Alden went to Bicol and bought 25 packs of pili nuts for php875 with 10% discount. when he got back to manila, he sold 15 packs for php675, and the rest at php40 each. how much profit did alden gain?
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Answer:
The correct answer is 9737.50.
Step-by-step explanation:
Given: Alden went to Bicol and bought 25 packs of pili nuts for php875 with 10% discount. when he got back to manila, he sold 15 packs for php675, and the rest at php40 each
To find: How much profit did Alden gain with the given requirement?
Calculations:
The Buying price after discount = 875*90%
The Buying price after discount = P787.50
The Selling price = 15*675 = P10125
The Other packets = 10*40 = P400
The total selling price = 10125+400 = P10525
Profit = Selling price - Buying Price
Profit Alden gain = 10525-787.50
Profit happen = 9737.50
Therefore, the profit Alden gained is 9737.50.
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