Margaret can buy 4 jars of honey for 9 dollars, and she sell 3 jars of honey for 15 dollars. How many jars of honey would she have to buy and then to make profit of 132 dollars?
Open in App
Solution
Cost Price of 1 jar=94 dollars
Selling Price of 1 jar=153=5 dollars
Profit per jar=5−94=114 dollars.
For profit of 132 dollars, No. of jars=13211/4=48 jars.