MATHS QUESTION HELP

  • 1 vote

Ali buys 120 cans of drink for a total of £30 

He wants to make a profit of 40% 

Work out the price for which he should sell each can of drink

I know it's simple but could you explain how to work it out :S

Posted Tue 12th June, 2012 @ 17:09 by Ameenah:)

4 Answers

  • 0 votes

First work out what the price of one can is:

so 120 cans = £30, therefore 1 can is 30/120 = £0.25 pounds

So then he wants to make a profit of 40%, so add this to 100% = 140%

So 140/100 x £0.25 = £0.35 - this is the price he should sell each can of drink in order to earn 40% profit

Answered Tue 12th June, 2012 @ 17:14 by Terrie
Edited by Terrie on Tue 12th June, 2012 @ 17:14
  • 0 votes

Thank you :)

Answered Tue 12th June, 2012 @ 17:15 by Ameenah:)
  • 0 votes

30 / 120 = 25p per can.
If he needs a profit of 40% then he has to work out 10% which is 2.5p then times by 4.
So 40% is an additional 10p per can.
He sells that cans at 35p each for a profit of 40%

Answered Tue 12th June, 2012 @ 17:17 by Ryan Fox
  • 0 votes

I'm Not Sure If This Is What You're Looking For But I Know How To Get The Percentage Of A Number:

             40% of £30

            (o.40 x 30)        40 x 30 = 1200         So 40% of £30 is 12...

Answered Tue 12th June, 2012 @ 17:22 by Princess Javeriia :D