Profit and Percent Waste
Date: 6/13/96 at 2:15:33 From: Anonymous Subject: Apple-seller's profit and percent waste A fruit-seller buys 240 apples for $60. Some of these apples are bad and get thrown away. He sells the remainder at 35 cents each thus making a profit of $19.80. Calculate the percentage of the apples that is thrown away.
Date: 6/13/96 at 21:4:12 From: Doctor Peter Subject: Re: Apple-seller's profit and percent waste Our merchant would need to sell his apples for $60 plus $19.80 to make the given profit. So, he sold all of his apples for $79.80. However, to find the 'bad apples', we need to find the good ones (which were the ones he sold). Divide $79.80 by $0.35 to get 228 good apples. Subtract 228 from 240 to get 12 bad apples. You should be able to calculate the percentage from here. -Doctor Peter, The Math Forum Check out our web site!
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