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Revenue in a souvenir shop
For a souvenir shop, they bought 500 mugs for 27/pc. 24 of the mugs broke and could not be sold. The store made 48% of the mugs. What price did the mugs sell for?
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- What was their total cost for bying the all the mugs?
- Assuming that 'the store made 48% of the migs' means 'the store had a profit of 48%'
How much profit did they make? - What must then have been the total selling price for all the cups?
- Since they only sold 500-24=476 cups. How much must each cup have cost?
Edit:
Pluggakuten is really a site in swedish. Please try to write in swedish. There are other similar sites for english.
Please note that the moderators might well have a different opinion in which case you can disregard mine.