Question

Sophia owns a hairdressing salon. She buys a pack of 50 bottles of shampoo from a warehouse for $340. She plans to sell the bottles of shampoo to her customers for $7.50 each. Calculate the percentage profit Sophia makes on each bottle she sells for $7.50.

Answer 1

Answer:

Amount of pack of 50 bottles of shampoo that Sophia bought=$340

Then,

Cost of 1 bottle of shampoo =340÷50

=$6.8

Now,

Amount if money which Sophia set for per shampoo bottle=$5

7.50

Profit=7.50-6.8

=$0.7

Profit percent =profit×100/cp

=0.7×100/340

=70/340

=0.7%

Step-by-step explanation:

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