Question

Billy buys bars of soap for $0.80 and sell in the village.He makes a profit of 20%.For how much will Billy sell each bar of soap.If Billy sells 250 bars of soap ,how much profit does he makes

Answer 1

Answer:

He makes $50 profit.

Step-by-step explanation:

$0.20 profit each= 250x$0.20=$50.00

Answer 2

Answer:

Step-by-step explanation:

Given

0.80$ for one soap

Therefore the cost price (Non profitable price) would be,

Cost Price= Number of soap X Price of a soap

                 = 0.8X250 = 200

And for profit we just have to add 20% of 200 in cost price

= 20/100X 200 = 40

Therefore Profit = 40$

And selling price = 200 + 40 = 240$