Question

Perry spent $22.50 on material to make necklaces. He used all of the material and made 15 necklaces. How much should Perry charge for each necklace if he wants to make a profit of $60? A.$1.50 B.4.00 C.$5.50 D.$7.00

Answer 1

Answer:

C. $5.5

Step-by-step explanation:

CP of material for one necklace = $22.5/15 = $1.5

SP of 15 necklaces= $22.5 + $60 = $82.5

SP of one necklace = $82.5/15 = $5.5

Answer 2

Answer:

C. $5.50

Step-by-step explanation:

Amount of 15 necklaces = $22.5

Therefore, amount of 1 necklace = 22.5/15

= $1.5

Profit needed for 15 necklaces = $60

Therefore, for one necklace = 60/15

= $4

So, the total amount for each necklace is

$1.5 + $4

=$5.5