In a bookshop, the initial profit made by selling a calendar was $18. After 2/5 of the calendars had been sold, the bookseller reduced the price of each calendar by $10. It is given that if all the calendars were sold, the bookseller made an overall profit of $3,000
(a) Find the total number of calendars he had originally. (Answer : 250)
Please help to work out (b) below by steps (answer :6,500)
(b) If only a further 100 calendars were sold after the price reduction and the rest were discarded, and the bookseller made an overall profit per cent of 20%, find the total cost of the calendars.