🏆 The best answer wins (1,000 FCFA)!
A trader buys 60 pairs of shoes at 8,000 FCFA each and sells 40 pairs at 11,000 FCFA each and the remaining 20 at 9,500 FCFA each. They spend 35,000 FCFA on transport and 20,000 FCFA on advertising. What is the trader’s final profit?
NB: Share with at least 10 people to like/vote your answer
Number of shoes = 60 Cost price =8000 FCFA Money spent on shoes 8,000 x 60 = 480,000 FCFA Sells 40 at 11000=> 40 x 11,000 =440,000 FCFA Sells 20 at 9,500 -> 20 x 9,500 = 190,000 FCFA Total money made from selling => 440,000 + 190,000 = 630,000 FCFA Expenditure 35,000 + 20,000 = 55,000 FCFARead more
Number of shoes = 60
Cost price =8000 FCFA
Money spent on shoes 8,000 x 60 = 480,000 FCFA
Sells 40 at 11000=> 40 x 11,000 =440,000 FCFA
Sells 20 at 9,500 -> 20 x 9,500 = 190,000 FCFA
Total money made from selling => 440,000 + 190,000 = 630,000 FCFA
Expenditure 35,000 + 20,000 = 55,000 FCFA
Money left after expenditure 630,000 – 55,000 = 575,000 FCFA
Gain is equals to money left after expenditure minus cost price
575,000 – 480,000 = 95,000 FCFA
See less