Exercises in Multiplication and Division of Decimals Balsy purchased 250 pencil cases from a manufacturer at P28.25 each. If she sold them at P15.50 each, how much would her profit be?
Fairmart Department Store bought 400 infant's dresses at P48.00 each. The store sold 90 of the dresses at P53.00 each, 120 pieces at P65.50 each, 80 pieces at P76.50 each and the remainder at P70.75 each. What was the store's gross profit on the 400 dresses?
An employee's salary is P132,600 a year. At this rate, how much does he earn in 7 months?
An amount of P55,000 will be divided equally among 5 brothers and 3 sisters. How much will each receive?
A retailer bought 3 baskets of mangoes (80 pieces in one basket) at P500 a basket. What was his gross profit on the entire transaction if he threw out 8 pieces that was spoiled and sold the remaining good ones at P8.00 each?
Answers
Answer:
1. Cost price = 28.25
Selling price = 15.50
since cost price is greater than selling price, therefore it is loss.
Step-by-step explanation:
=> CP - SP = loss
=> 28.25 - 15.50 = loss
=> 12.75 = loss
2. Cost price of 400 dresses = 48.00
selling price of 90 dresses = 53.00
profit earned on 90 dresses =53.00 - 48.00
= 5.00
selling price of 120 dresses = 65.00
profit earned on 120 dresses = 65.00 - 48.00
= 17
selling price of 80 dresses = 76.00
profit earned on 80 dresses = 76.00 - 48.00
= 28.00
selling price of the remaining dresses = 70.00
profit earned on the remaining dresses = 70.00 -48.00
= 22.00
Therefore gross profit earned from the dresses =5.00+17.00+28.00+22.00
= 70.00
4. Total amount = 55000
total number of children = 8
therefore amount received by each of them =55000/ 8
= 6875
given,
Cost price = 28.25
Selling price = 15.50
since cost price is greater than selling price, therefore it is loss.
CP - SP = loss
28.25 - 15.50 = loss
12.75 = loss
Cost price of 400 dresses = 48.00
selling price of 90 dresses = 53.00
profit earned on 90 dresses =53.00 - 48.00
= 5.00
selling price of 120 dresses = 65.00
profit earned on 120 dresses = 65.00 - 48.00
= 17
selling price of 80 dresses = 76.00
profit earned on 80 dresses = 76.00 - 48.00
= 28.00
selling price of the remaining dresses = 70.00
profit earned on the remaining dresses = 70.00 -48.00
= 22.00
Therefore gross profit earned from the dresses =5.00+17.00+28.00+22.00
= 70.00
4. Total amount = 55000
total number of children = 8
therefore amount received by each of them =55000/ 8
= 6875