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A company makes Poppy Lapel Pins. Each of them costs £1.10 to make. In October it made 1000 lapel pins. 35% of them are gi
Question
A company makes Poppy Lapel Pins.
Each of them costs £1.10 to make.
In October it made 1000 lapel pins.
35% of them are given to charities.
The rest are sold in two formats: 60% of them at £3.00 each
40% of them at £5.00 for 2
Assuming that all the lapel pins will be sold by the end of November,
work out the percentage profit the company should make.
Give your answer to 1 decimal place.
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Mathematics
3 years
2021-08-17T18:18:12+00:00
2021-08-17T18:18:12+00:00 1 Answers
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Answers ( )
Answer:
1000 less 35% == 650
so 250 given to charity
total cost making the pins was 1000x 1.10 = 1100
so you need to find 60 percent of 650 =390
and 40 percent of 650 = 260
so then you need to find the cost 390 x 3 pounds each so × this and gives you 1170 cost sold for intotal
Then you have 260 ÷2 = 130 x 5 = 650
so you have 650+1170 = 1820 – 1100 cost to make =720 pounds
think this right