Answer:
A man bought a dozen boxes, each with 24 highlighter pens inside, for $8 each box. He repacked five of these boxes into packages of six highlighters each, and sold them for $3 per package. He sold the rest of the highlighters separately at the rate of three pens for $2. How much profit did he make?
solution:
There are 12 boxes, and each cost the man $8 to buy. 12 x $8 is $96, so the man spent $96 to buy all the highlighters. He separated 5 boxes of 24 away from the original 12 boxes, and made new packages with six highlighters in each package. 5 x 24 = 120, so he repacked 120 highlighters in all.120 ÷ 6 = 20, so he had 20 new packages. He sold each for $3. 20 x $3 = $60, so he has earned $60 so far. He still had 7 of his original boxes of 24. 7 x 24 = 168, so he had 168 highlighters still to sell.He sold them in sets of 3 for $2 each set. 168 ÷ 3 = 56 sets, and 56 x $2 = $112. He earned $112 from selling the 7 boxes.Then we must add together the two amounts he earned. $60 plus $112 is $172, so he earned $172 from all his sales.The danger is stopping here, because it took so long to get to this point, that it feels like the end. Don’t forget that the question asks you how much profit he earned. Profit is the amount earned minus the amount spent to buy the highlighters.He spent $96 and earned $172, so $172 - $96 tells you his profit, $76.
Answer:
The man made $76 profit.
Step-by-step explanation:
I figured out the total he had spent, $96, and subtracted it from the total earned, $172.
