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Joey bought 4 dozen apples at 268 pesos per dozen. He later sold them at 25 pesos per piece. How much will be the profit if he has sold all the apples?

The answer is 128 but I don't have the solution. Solution please. :) 


Sagot :

First, compute for the original price of the apples.

12 apples = 268 Pesos
1 apple = 22.33 Pesos 

Selling Price - Original Price = Profit
    25 Pesos - 22.33 Pesos   = 2.67  

He got a profit of 2.67 Pesos per apple. Since he sol 4 dozens = 48 apples,

Profit per apple x number of apples sold = total profit
    2.67 Pesos    ·        48 apples            =   128.16      ≈ 128 Pesos