Sara baked cakes for the school festival. The cost of one cake was Rs. 55. She sold 25 cakes and made a profit of Rs. 11. each cake. Find the selling price of the cakes
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The selling price of the cakes is Rs. 1650
Step-by-step explanation:
Given:
Cost of one cake= rs. 55
Number of cakes sold= 25
Profit earned on each cake= rs. 11
To find:
The selling price of the cakes
Calculations:
The total price of all the cakes= cost of one cake x number of cakes sold
The total cost of all the cakes= 55 x 25 = rs 1375
Profit earned on all the cakes= 11 x 25 = rs. 275
So, the selling price of the cakes = cost of all cakes + profit on all the cakes
Result:
the total selling price of the cakes= rs. 1375 + rs. 275= Rs. 1650
Thus, the total selling price of all the cakes is Rs. 1650.
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