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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
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
Thank you :)
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%
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...