HomeworkLib
Question

Rose bought green mangoes at P50.00 a kilo and sold them at 4 for P35.00

Rose bought green mangoes at P50.00 a kilo and sold them at 4 for P35.00. If she sold 20 kilos and there is an average of 7 mangoes per kilo, how much did she earn?
expressions-with-variables   
0 0
Add a comment Improve this question Transcribed image text
Next > < Previous
Sort answers by oldest

Homework Answers

Answer #1
: Rose bought green mangoes at P50.00 a kilo and sold them at 4 for P35.00. If she sold 20 kilos and there is an average of 7 mangoes per kilo, how much did she earn? : Find the cost she paid for each Mango: {{{50/7}}} Find the no. of mangoes sold: 20 * 7 = 140 mangoes Find the price she sold each Mango: {{{35/4}}} : Let p = profit she made by buying and selling these Mangos : p = 140({{{(35/4) - (50/7)}}}) p = 140({{{(245/28) - (200/28)}}}) p = 140({{{45/28}}}) p = 5(45) p = 225 P profit on 20 kilos of Mangos
answered by: mokoena terry
0 0
Add a comment
Know the answer?
Add Answer to:
Rose bought green mangoes at P50.00 a kilo and sold them at 4 for P35.00
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Log In

Sign Up

Not the answer you're looking for? Ask your own homework help question. Our experts will answer your question WITHIN MINUTES for Free.
Similar Homework Help Questions

  • One year ago Sam purchased bonds for $100,000. He just sold them for $120,000. During the...

    One year ago Sam purchased bonds for $100,000. He just sold them for $120,000. During the year the price level rose by 5%. If the tax rate on capital gains is 20%, how much did Sam gain in real terms?

  • 10. I bought 1,000 shares of stock for $5 ea two years ago. I sold them...

    10. I bought 1,000 shares of stock for $5 ea two years ago. I sold them this year for $10 ea. I also bought 500 shares of a different stock 3 years ago paying $9 ea. I sold them this year for $8 ea. My income is $100,000 per year (I am married). How much capital gains tax do I owe, if any? (Answer is a dollar amount or a zero).

  • Anna owns and operates a small bagel shop in Montreal, Canada. She is constantly baking bagels...

    Anna owns and operates a small bagel shop in Montreal, Canada. She is constantly baking bagels which are sold fresh out of the oven and customers line up to purchase them. She manages the inventory of the bread flour used to make the bagels very carefully. The quantity of bread flour she uses is exactly equal to 21 kilos per day (which makes exactly 210 bagels). The selling price of a bagel is $1. The bread flour is purchased from...

  • 1. Assume that the (weekly) market demand and supply of tomatoes are given by the following...

    1. Assume that the (weekly) market demand and supply of tomatoes are given by the following figures: Price (£ per kilo) 4.00 3.50 3.00 2.50 2.00 1.50 1.00 Qa (000 kilos) 30 35 40 45 50 55 60 Q. (000 kilos) 80 68 62 55 50 45 38 (a) What are the equilibrium price and quantity? (b) What will be the effect of the government fixing a minimum price of (i) £3 per kilo; (ii) £1.50 per kilo? (c) Alternatively,...

  • 1. Assume that the (weekly) market demand and supply of tomatoes are given by the following...

    1. Assume that the (weekly) market demand and supply of tomatoes are given by the following figures: Price (E per kilo) 4.00 3.50 3.00 2.50 2.00 1.50 1.00 Qc000 kilos) 30 35 40 45 50 55 60 0.0000 kilos) 8068 6255 50 45 38 (a) What are the equilibrium price and quantity? (b) What will be the effect of the government fixing a minimum price of (i) £3 per kilo; (ii) £1.50 per kilo? (c) Alternatively, suppose that the government...

  • Rose bought a piece of land 3 years ago for $1. Today the fair market value...

    Rose bought a piece of land 3 years ago for $1. Today the fair market value of the land is $100 and she transfers it to Flower Inc in exchange for all 100 shares of Flower’s voting common stock worth $100. There are no other shareholders Does Rose recognize gain on the transfer? NO What is Rose’s basis in the stock? $1 What is Rose’s holding period in the stock? 3 years What is Flower’s basis in the land? $1...

  • Rose Arapahoe is planning to invest $3,000 per year for the next 6 years (a total...

    Rose Arapahoe is planning to invest $3,000 per year for the next 6 years (a total of 6 payments). Investments can earn 10% per year. How much money will Rose Arapahoe have at the end of six years if she made her first investment now and the remaining investments at one-year intervals? $17,800 $18,530 O $21.269 $25,462 $28,590

  • Test 2 Page 3 Solve each application problem. 16) At a bazaar, Candace sold a sweater...

    Test 2 Page 3 Solve each application problem. 16) At a bazaar, Candace sold a sweater for $31.99, and an afghan for $72.50. After paying $10.25 to rent the table, how much money did she make? 16) 17) Clarence buys a shirt for $42.95 and pays with a $50 bill. How much change should he receive? 17). 18) 18) How much will 10.2 pounds of ham cost at $6.85 per pound? 19) Denzel bought 8 feet of pipe at $1.69...

  • Sydney bought a ZERO-COUPON BOND that has a par value of $1,000 and matures in 10...

    Sydney bought a ZERO-COUPON BOND that has a par value of $1,000 and matures in 10 years. The bond is priced to yield an 8 percent return. What price did Sydney pay for the bond and how much interest will she earn over its life?

ADVERTISEMENT
Free Homework Help App
Download From Google Play
Scan Your Homework
to Get Instant Free Answers
Need Online Homework Help?
Ask a Question
Get Answers For Free
Most questions answered within 3 hours.
ADVERTISEMENT
ADVERTISEMENT