jmc

Question

A store owner bought 1500 pencils at 0.10 each. If he sells them for 0.25 each, how many of them must he sell to make a profit of exactly 100.00?

Accepted Answer

1500 0.1=150, so the store owner is 150 below profit. Therefore he needs to sell 150+100= 250 dollars worth of pencils. Selling them at 0.25 each gives 250/0.25= 1000.