I am in a buy and sell business. I went to Divisoria to buy 36pcs of round neck tshirts at a wholesale price. The price for each shirt is 48php (any of small, medium, L, XL XXL sizes). I actually got a good bargain for a wholesale price.
I have spend 36pcs(48php per pcs) = 1728php for the 36 shirts that i have bought from Divisoria
Question:
At what price should you sell each item to have a 25% profit?
Solution:
Price for each shirt = 48 php
Rate for profit = 25%
Profit per shirt = 48(0.25) = 12 php
For selling price:
Selling price = 48 + 48(25/100)
Selling price = 48 + 48(0.25)
Selling price = 48 + 12 php
Selling price = 60 php
I need to sell each shirt for 60 php to have a profit of 25%
For total profit:
Total profit = 36(12)
Total profit = 432php
If i have sold out all 36 shirts, my total profit would be 432php.
#CarryOnLearning
4 votes Thanks 7
KallesElias
May 10, 2021 po kasi deadline, kya muka nga po wala bakasyon :( . Stay safe po
Answers & Comments
Problem:
I am in a buy and sell business. I went to Divisoria to buy 36pcs of round neck tshirts at a wholesale price. The price for each shirt is 48php (any of small, medium, L, XL XXL sizes). I actually got a good bargain for a wholesale price.
I have spend 36pcs(48php per pcs) = 1728php for the 36 shirts that i have bought from Divisoria
Question:
At what price should you sell each item to have a 25% profit?
Solution:
Price for each shirt = 48 php
Rate for profit = 25%
Profit per shirt = 48(0.25) = 12 php
For selling price:
Selling price = 48 + 48(25/100)
Selling price = 48 + 48(0.25)
Selling price = 48 + 12 php
Selling price = 60 php
I need to sell each shirt for 60 php to have a profit of 25%
For total profit:
Total profit = 36(12)
Total profit = 432php
If i have sold out all 36 shirts, my total profit would be 432php.
#CarryOnLearning