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svetlana
2 months ago
12

A trader buys tea for $1200 and sells it for $1500. Per sack of tea he makes a profit of $50. How many sacks of tea did he have?

Mathematics
2 answers:
Zina [12.3K]2 months ago
8 0

Response:

6 sacks

Detailed breakdown:

Purchase Cost = $1200

Sale Price = $1500

Overall profit = Sale Price - Purchase Cost

= $1500 - $1200

= $300

Each sack of tea yields a profit of $50

Total Number of Sacks = Overall Profit ÷ profit per sack

= $300 ÷ 50

= 6 sacks

zzz [12.3K]2 months ago
4 0

Response:

6 sacks of tea

Detailed breakdown:

$1500 - $1200 = $300

So, he earns a profit of $300 total. To find out how many sacks that represents, we need to divide this by $50, which is the profit per sack.

$300 / $50 = 6 sacks of tea

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