A company makes Poppy Lapel Pins.
Each of them costs £1.30 to make.
In October it made 800 lapel pins.
25% of them are given to charities.
The rest are sold in two formats: 70% of them at £2.50 each
30% of them at £5.00 for 3
Assuming that all the lapel pins will be sold by the end of November,
work out the percentage profit the company should make.
Give your answer to 1 decimal place.

Please someone help it may have been answered before but it's hard to change the values at a certain stage. Thanks​

Answers

Answer 1

Answer:

29.8%

Step-by-step explanation:

1.30 × 800 = £1040  

25% of 800 = 200

800 - 200 = 600 poppy lapel pins given to the charity  

70% of 600 = 420

420 × 2.50 = £1050

30% of 600 = 180

180÷3 = 60  

60 × 5.00 = £300  

[tex]\frac{1050+300-1040}{1040}[/tex] = 29.8076923

= 29.8% to one decimal place

I hope I helped :)

Answer 2

The company should make a percentage profit of approximately 29.8%.

Given that a company makes Poppy Lapel Pins.

Each of them costs £1.30 to make.

In October 800 lapel pins were made from which 25% were given to charities,

The rest are sold in two formats:

70% of them at £2.50 each

30% of them at £5.00 for 3.

We need to find the percentage profit the company should make.

To calculate the percentage profit, we first need to determine the total cost of manufacturing the lapel pins and the total revenue generated from their sales.

Total Cost:

Cost per lapel pin = £1.30

Number of lapel pins manufactured = 800

Total cost = £1.30 × 800 = £1040

Total Revenue:

Number of lapel pins given to charities = 25% of 800 = 0.25 × 800 = 200

Number of lapel pins available for sale = 800 - 200 = 600

Format 1:

70% of lapel pins sold at £2.50 each:

Number of lapel pins = 0.70 × 600 = 420

Revenue from this format = £2.50 × 420 = £1050

Format 2:

30% of lapel pins sold at £5.00 for 3:

Number of lapel pins = 0.30 × 600 = 180

Revenue from this format = (£5.00 ÷ 3) × 180 = £300

Total Revenue = Revenue from Format 1 + Revenue from Format 2 = £1050 + £300 = £1350

Profit:

Profit = Total Revenue - Total Cost = £1350 - £1040 = £310

Percentage Profit:

Percentage Profit = (Profit ÷ Total Cost) × 100

Percentage Profit = (£310 ÷ £1040) × 100 ≈ 29.8%

Therefore, the company should make a percentage profit of approximately 29.8%.

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Step-by-step explanation:

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Answers

Answer:

#1

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#2

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#3

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#4

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#7

Michael

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Nadia

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Answers

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HOPE THIS HELPS

Answer:

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Step-by-step explanation:

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−14−(−3)−4×26

Simplify  4 times 264×26  to  104104.

−14−(−3)−104

Remove parentheses.

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Answers

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Answers

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Answers

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Answers

Answer:

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Step-by-step explanation:

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Answers

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2

Step-by-step explanation:

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Answers

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Answer:

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Answer:

Step-by-step explanation:

Remark

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Answers

Answer:

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Answer:

60

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Answers

Answer:

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