a merchant buys some toys at 960. if he sells them at$8 each,he will get his sum of money back by selling only 80% of them. if he sells all of them,find the profit percentage.
hint: find the number of toys first.
can anyone teach me?!
english math
2010-07-12 10:15 pm
回答 (1)
2010-07-12 10:29 pm
✔ 最佳答案
Since he will get his sum of money back by selling only 80% of them, so that means when he sells 80% of all the toys, the money he get is 960.Hence, the total money he can get if selling all the toys=960/80%=$1200
Profit percentage=(income-cost)/cost*100%=(1200-960)/960*100%=25%.
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